How Do I Interpret MetaTrader 5 Downwards Trend Line on MetaTrader 5?

How Do You Trade MetaTrader 5 Downward Trend Line on MetaTrader 5?

MT5 Software Trendline Drawing Tools on MetaTrader 5 Charts

The MT5 trend line drawing tools used to draw trend lines on MetaTrader 5 are located on the MetaTrader 5 charts tool-bar within the MT5 software, To access this MT5 charts tool bar if it is not activated on your MetaTrader 5 software, Click in 'View' Next to 'File' at the tops left corner of MetaTrader 5 software & click 'View', Then Click on 'Tool bars', Then Check 'Lines Tool Bar' by clicking on it.

Shown Below is the example of MT5 trendline drawing charts tool-bar. To draw a downwards trendline on a chart click on this trend line drawing tool and select point where you want to plot the downward trend line.

How Do You Interpret MT5 Downwards Trend Line on MetaTrader 5?

Drawing a Downwards Trend Line on MetaTrader 5

When it comes to learning how to draw the downwards trendlines on charts, you as a trader need to know that when market is bearish it forms lower lows & lower highs forming a downwards general price trend direction. These are the chart points that are used to draw the downwards trendline in MetaTrader 5 charts.

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

How Do You Read MT5 Downward Trend Line on MT5?

How Do You Interpret MT5 Downward Trend-Line in MT5?