The money printer formation happens after a retrace. When all the moving averages start to gather tightly with price action. While the yellow 200MA is gapped above.
This signals that the algorithm is getting ready to fill the gap between price action and the yellow 200MA.
$XEC just displayed this exact same senario with success of filling the gap.
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$SUI 4Hr Money Printer Formation
The money printer formation happens after a retrace. When all the moving averages start to gather tightly with price action. While the yellow 200MA is gapped above.
This signals that the algorithm is getting ready to fill the gap between price action and the yellow 200MA.
$XEC just displayed this exact same senario with success of filling the gap.
NFA, DYOR ⚠️
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