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

The Triple Bottom pattern has been formed on #NTDOY M5. It has the following characteristics: resistance level 11.40/11.38; support level 11.30/11.34; the width is 10 points. In the event of a breakdown of the resistance level of 11.40, the price is likely to continue an upward movement at least to 11.46.

The Double Bottom pattern has been formed on #NTDOY M5. 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 11.38 is broken. The further movements will rely on the width of the current pattern 8 points.

The Bullish pennant graphic pattern has formed on the #NTDOY M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 12.14.

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 11.10; the projection of the flagpole height is equal to 21 pips. In case the price breaks out the pattern’s bottom of 11.10, the downtrend is expected to continue for further level 10.95.

The Bullish pennant pattern is formed on the #NTDOY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 11.35, a further uptrend is possible.

The Double Bottom pattern has been formed on #NTDOY M5. 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 10.67 is broken. The further movements will rely on the width of the current pattern 30 points.

The Bearish pennant pattern has formed on the #NTDOY M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 12.24 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.

The Bearish pennant pattern has formed on the #NTDOY M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 12.31; the projection of the flagpole height is equal to 50 pips. In case the price breaks out the pattern’s bottom of 12.31, the downtrend is expected to continue for further level 12.09.

The Double Bottom pattern has been formed on #NTDOY D1; the upper boundary is 16.14; the lower boundary is 12.86. The width of the pattern is 312 points. In case of a break of the upper boundary 16.14, 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 D1. Characteristics: the support level 13.02; the resistance level 16.14; the width of the pattern 312 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 328 points.