The Queen of Fibs, aka Fibonacciqueen

Carolyn Boroden is a technical analyst specializing in Fibonacci analysis. Her unique form of price and time analysis is quickly proving to be one of the most promising trading techniques using Fibonacci available today. 

She is currently running a trading room with her trading partners at Elliottwavetrader.net.  Carolyn is also mentoring students one on one via zoom or in person in Las Vegas 

 This example highlights one of Carolyn’s trade setups in $NVDA. On the weekly chart, she identified a Fibonacci price cluster where three key Fibonacci relationships converged within a relatively tight range between 86.31 and 86.93.  This zone included a 100% price projection, a 1.272 Fibonacci extension, and a 0.618 retracement, creating a high-probability support area. Notably, NVDA’s actual low was made at 86.62, directly within the Fibonacci cluster.  From that level, the stock rallied $68.19 over the next 21 weeks. Initial risk for the trade was clearly defined just below the 86.31–86.93 price cluster, allowing for a well-structured and favorable risk-to-reward opportunity. 

Elliottwavetrader.net