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