$ZEC 4Hr Money Printer Formation Prints

The money printer formation happens after a retracement to the downside.
Notice how all the moving averages gather tightly with price action while the yellow 200MA is gapped above?
Normally the algorithm will push price action up to the yellow 200MA to close the gap.
Normally this will be the 1st test of the 200MA. We could likely see a retracement here to test for support.
If price action can get above the 200MA while building a bullish continuation pattern this would be a bullish signal.
NFA, DYOR ⚠️
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