Holding Feb. 21 expiry Put Credit Spread 18/22 strikes.
LEVI price looked to breakdown out of .
Support from previous chart was $18.87 from Jan. 6 low.
Support moved to Dec. 17 low of $18.68. Pattern intact if above exit.
Exit below $18.60
cross above $19.08.
Price is already above 10WeekMA. Cross will confirm uptrend to gap fill.
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Pattern has broken.
I am staying in current position. I have time with Feb. 21 expiry.
Below 18.10 and I exit, which is 10WeekMA.
4hr is ready to flip bullish with bearish trend since Dec. 17. Long time for 4Hr bearish.