The Trader’s Code: Fibonacci Princess on Risk, Charts & Pullbacks Before the Fed
Tune in: The Trader’s Code goes live today with Danielle Shay and Fibonacci Princess (of ElliottWaveTrader.net) digging into high-probability chart setups, risk management, and how to trade what you see — especially ahead of the Fed meeting and potential volatility.
In this episode:
- Fibonacci Princess walks us through real chart analysis: Tesla resistance around $422-426, support zones near $400, and setups in BMNR, Microsoft, and OKLO.
- She emphasizes locking in profits and using trailing stops — especially now that many stocks have run hard.
- Market sentiment is stretched. TSLA just broke out of a symmetrical triangle, but key resistance and overbought momentum warn of possible pullbacks.
- Broader backdrop: The Fed just cut rates by 25 bps, and markets expect more easing by year-end. However, despite the rate cut, analysts warn of a “sell the news” reaction as much of this has already been priced in.
🎧 If you're listening in audio, don’t miss the charts! The video version (YouTube & Spotify) shows every line, setup, and target Danielle & Fibonacci Princess use live.
📅 Get ready, determine your risk, set your targets — this one could save you a lot.
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