DislikedFirst, the horizontal trend called the "sideways trend" No such thing as a sideways trend. Do you mean a ranging market, consolidation ? Secondly, in the books are given, often perfect examples. For example, the book will not take the trend, which has a breakdown because of the news. Therefore, by reading the book, you need to trade. No sequence. Books will always show perfect examples, it also depends on whether you draw them consistently, as the rules vary from author to author. Breakdowns of trendlines occur as professionals will target stops...Ignored
Yes. Consolidation, sideways trend, horizontal movement, movement between levels - this is what I meant. Here is a book:
The Little Book of Sideways Markets: How to Make Money in Markets that Go Nowhere Hardcover - December 7, 2010
by Vitaliy N. Katsenelson (Author)
2. Agree with you.
3. I meant that I think faithful picture 2 and 3. I'm sorry, that just did not elaborate. The movement in the hallway, horizontal - is consolidation. Therefore it is impossible to allocate correction in consolidation. Thus, every change in prices in a sideways trend can be called a correction.