Ikky Saturday, 01/27/18 06:57:37 PM Re: None Post # of 90684 QUESTION ABOUT ELLIOT WAVES Hi, i need ask a very simple question about Elliot waves. I've read some info here and there, and more or less i've got the meaning of such waves but i just can't understand a thing... So we have a wave done of 1,2,3,4,5 + abc waves so lets say the impulse movement goes down (from 1 to 5) then the abc should be a correction going up then when the c wave is finished.. starts a new 1, 2, and so but.. but.. following this pattern this stock should continue to drop and drop because in this scenario the new wave 1 should still be an impulse going down (coz the wave before of this, the C was a wave going up, thats why i say 1 must go down) so.. can somebody explain me how figure out a reversal? i mean, after a 1-5 down and a a-c up .. how do i sort out if the new 1 goes up? coz doesnt seems possible, no? Thanks!