FX.co ★ Patterns #NTDOY | Nintendo Co., Ltd. Stock Price

According to the chart of M5, #NTDOY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 20.47/20.60 and upper border is 20.74/20.60. The pattern width is measured on the chart at -27 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #NTDOY breaches the lower border, the price could continue its move toward 20.45.

According to the chart of M5, #NTDOY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 20.47 is likely to encourage a continuation of the downward trend.

The Double Bottom pattern has been formed on #NTDOY M30; the upper boundary is 20.50; the lower boundary is 20.28. The width of the pattern is 20 points. In case of a break of the upper boundary 20.50, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Double Bottom pattern has been formed on #NTDOY M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 20.50 is broken. The further movements will rely on the width of the current pattern 20 points.

According to the chart of M5, #NTDOY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 20.51/20.40 whereas the lower border goes across 20.29/20.40. The pattern width is measured on the chart at 22 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 20.40 is broken, the price could continue its move toward 20.55.

The Bearish pennant pattern has formed on the #NTDOY M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 20.26, a trader will be able to successfully enter the sell position.

The Bearish pennant pattern has formed on the #NTDOY M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 20.26; the projection of the flagpole height is equal to 78 pips. In case the price breaks out the pattern’s bottom of 20.26, the downtrend is expected to continue for further level 20.11.

The Triple Top pattern has formed on the chart of the #NTDOY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 21.28/21.30 with the upper limit 21.42/21.36; the projection of the width is 14 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 21.28, the price is most likely to continue the downward movement.

On the chart of the #NTDOY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 21.28, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 14 points.

The Bullish Flag pattern which signals continuation of a trend has been formed on the chart #NTDOY M5. Forecast: if the price breaks above the pattern high at 21.37, then traders will be able to place a long deal with the target at 21.52.