The Popgun Bar Pattern- The popgun is a simple bar pattern trade setup that uses 2 bars that can help you quickly spot a potential trade. It is simply an inside bar followed by an outside bar. Don’t worry if you don’t know an inside bar from your elbow, we’ll explain that in a minute. Although this pattern is nothing […]
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The Popgun: A Two-Bar Pattern that Points to Trade Setups
September 25, 2012 by Elliott Wave International
Filed Under: Bar Patterns, Technical Analysis Tagged With: bar patterns, popgun
A Two-Bar Pattern that Points to Trade Setups
Some people like to get outside on the weekends, maybe playing tennis or working in the yard. Some people like to visit their friends or cook a big meal or go out to see a movie. And some people who are passionate about their work — such as Elliott Wave International’s futures analyst Jeffrey Kennedy […]
Filed Under: Bar Patterns, Technical Analysis Tagged With: bar patterns, patterns, popgun
A Two-Bar Pattern that Points to Trade Setups
Our futures analyst has discovered and named a two-bar pattern that he calls the Popgun. Why is it special? Because it introduces swift, tradable moves in price that are bound to retract like a popgun — that is, to be significantly retraced.
Filed Under: Bar Patterns, Technical Analysis Tagged With: Elliott wave analysis, impulse waves, patterns, popgun
