How Do I Draw Trend-Lines for Intraday XAUUSD?
How Do You Draw Trend-Lines for Intraday XAUUSD?
There are 2 types of trend lines - upward trend line and down ward trend-line. The method of how to draw trend lines for upward trend & how to draw trend lines for downward trend is explained below:
Draw Upward Trendline
To draw an upwards trend line we use support levels. To draw upwards trend line correctly 2 support levels are used as displayed on the upward trend line examples shown below - Draw a Trend-Line for Intraday Trading.
How Do I Draw Trend Lines for Intraday Trading on Charts - Draw Up-ward Trend Line
Down-wards Trendline
To draw down ward trend line we use resistance areas & to draw downward trend line correctly two resistance levels are used as shown on the downward trend line examples shown below - Draw a Trend-Line for Intraday Trading.
How Do I Draw Trend Lines on Charts - Draw Downwards Trend-Line
How Do You Draw Trend-Lines for Intraday Trading?
To draw Trend-Lines for Intraday Trading on MT4 Charts use MetaTrader 4 Charts Drawing Tools for Drawing Trend-Lines on MetaTrader 4 Charts
The MT4 trend-line drawing tools used to draw trend lines in the MT4 are located on the MetaTrader 4 drawing charts toolbar within the MT4 software, To get this Meta Trader 4 charts drawing tools xauusd tool-bar if it is not activated on your MetaTrader 4 software, Click in 'View' Next to the 'File' menu at top left corner of Meta Trader 4 platform & click 'View', Then Click on "Gold Tool-Bars", Then Tick "XAUUSD Lines Toolbar" by clicking it - XAUUSD Meta Trader 4 Draw Trend-Line Tools for Intraday Trading - MT4 Trend Line Drawing Tools.
Below is the example of the MetaTrader 4 trend line drawing charts trading toolbar. To draw trend lines on a chart click this trend line plotting tool and select point where you want to draw the upward trend line or downward trend-line.
How Do I Draw Trend Lines for Intraday Trading - Draw a Trend Line for Intraday Trading for Intraday XAUUSD
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