I'm entering a long position in FNGD today at market open using 60% of my equity.

Why:
RSI momentum positive.
RSI about to cross 55. I consider he path between 55 and 70 an ideal long.
FNGD is sitting on 8,13 and 21 period EMAs providing possible support.

Stop Loss:
4%
Will move up manually is it goes in my favor.

Risks:
There's a FVG area aroun $3.78
Price might pullback down there putting me in drawdown.
I've decided not to wait for this pullback as I beleive there is enough momentum in the open.

Additional thoughts:
NQ Futures seem overbought on short timeframes suggesting a swing to the downside in the morning.

Lets see how it goes!
Technical IndicatorsMoving AveragesOscillatorspablothetransparenttrader

Disclaimer