How Do I Analyze MetaTrader 4 Downwards Trend Line on MT4?

How Do You Trade MetaTrader 4 Down-wards Trend Line on MT4?

MT4 Platform Trend-Line Drawing Tools in MetaTrader 4 Charts

The MetaTrader 4 trend-line drawing tools used to plot trend lines on MetaTrader 4 are located on the MetaTrader 4 charts tool-bar within the MT4 software, To access this MetaTrader 4 charts tool-bar if it isn't activated on your MT4 platform, Click in 'View' Next to 'File' at the tops left corner of MT4 & click 'View', Then Click on 'Tool bars', Then Check 'Lines Tool-Bar' by clicking on it.

Shown Below is the example of MT4 trend-line drawing charts tool bar. To draw a downwards trend-line on a chart click on this trend-line drawing tool & choose point where you want to plot the downwards trend line.

How Do I Analyze MetaTrader 4 Downwards Trend Line on MT4?

Drawing a Downwards Trend Line on MetaTrader 4

In learning how to plot the downwards trendlines on charts, you need to know that when market is bearish it forms lower lows and lower highs forming a downward general price trend direction. These are the trading chart points that are used to plot the downward trend line on MT4 trading charts.

To draw downwards trend-lines we use resistance levels and to draw a downwards trend-line correctly two resistance levels are needed as illustrated and shown on downwards trend-line example below.

How Do I Read MT4 Downwards Trend Line on MT4?

How Do I Analyze MetaTrader 4 Downwards Trend Line on MT4?