There was a smart trade by smart money today. Volume got excessively high at the H1 61.8 fib at several pairs, EU, AU, AJ, EG, GA and Gold was the cleanest, they all looked like this:
I chose EU and EJ, because on these pairs that 5M volume was the highest volume this week for me, and there was no news or anything at that time of the day, so it was definitely smart money shopping. I entered on the EU after that NS sitting on the 14 EMA and on top of the AR, and on EJ at an other NS after the 61.8 retracement, which bough in higher volume.
I was hoping a quick upmove during the news, but most likely smart money used it to get out of the positions, because price didn’t really move after reaching that level on the picture, so I exited aswell. Although it might go up higher. It was good to see such clear setups appearing more and more again.