Quote from niko:
Thanks, I had that doubt and had not been able to articulate it.
So when the angle of ascent turns into a TC one forgets about the initial DL and traces the TC DL. Now I see why it did not break.
Quote from dbphoenix:
Don't forget about it, but focus on what buyers and sellers are doing rather than just lines. Buyers can't get any traction, but sellers are unable to pull price below the LSL. So you end up with a sideways move and a lateral DL. It's not a TR bec there is no defined upper limit. But it sure isn't a trend, either.