How Do I Draw Commodities Downward Commodities Trend Line on MetaTrader 4 Commodity Trading Platform?

How to Draw Commodities Downward Commodities Trend Lines on MT4 Commodity Trading Software

MetaTrader 4 Commodity Trading Platform Commodities Trend Line Drawing Tools For Drawing Commodities Trend Lines on MetaTrader 4 Commodities Trading Charts

The MetaTrader 4 commodity trend line drawing tools used to draw commodity trend lines on the MT4 are located on the MetaTrader 4 charts toolbar within the MetaTrader 4 commodities trading platform, To get this MetaTrader 4 commodity charts toolbar if it is not activated on your MT4 commodities trading platform, Click in "View" Next to "File" at the top left corner of the MetaTrader 4 commodities trading platform and click "View", Then Click on "Tool bars", Then Check the "Lines Toolbar" by clicking on it.

Below is the example of the commodity MetaTrader 4 trend line drawing charts toolbar. To draw a commodity downward trend line on a commodity chart just click on this commodity trend line drawing tool and select the point where you want to draw the downward commodity trend line.

How to Draw Commodities Downward Commodities Trend Lines on MT4 Commodities Trading Software

Drawing a Downward Commodities Trend Line on MetaTrader 4 Commodity Trading Software

When it comes to learning how to draw the down ward commodity trend lines on commodities charts, you need to know that when the commodity market is bearish it forms lower lows and lower highs forming a downward general commodity trend direction. These are the points that are used to draw the downward commodity trend line on the MetaTrader 4 commodities charts.

To draw downwards commodity trends we use resistance levels and to do it correctly two resistances are needed as shown on the commodity example illustrated and explained below.

Drawing a Downward Commodities Trend Line on MT4 Commodities Trading Software

How to Draw a Downwards Commodities Trend Trading Channel on MetaTrader 4 Commodity Trading Software

A downwards commodity channel is drawn by drawing a line that is parallel to the downward commodity trend line and then adjusting it to touch the bottom boundary of the commodities price movement. This then forms a downwards channel and as long as the commodities price stays between these two channels the general market commodity trend direction is intact the commodity market commodity trend direction will continue being bearish.

Drawing a Downward Commodity Trading Channel on MT4 Commodity Trading Software

MT4 Commodities Trading Platform Commodities Trend Line Drawing Tools For Drawing Commodities Trend Lines on MetaTrader 4 Commodities Trading Charts