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

The Bearish pennant pattern has formed on the #NTDOY H1 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 12.04; the projection of the flagpole height is equal to 16 pips. In case the price breaks out the pattern’s bottom of 12.04, the downtrend is expected to continue for further level 11.64.

The Bearish pennant pattern has formed on the #NTDOY M30 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 12.04, a trader will be able to successfully enter the sell position.

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 12.42 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 M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 12.42 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.

According to the chart of M5, #NTDOY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 12.53 - 0.00 and support 12.48 – 12.48. In case the resistance level 12.48 - 12.48 is broken, the instrument is likely to follow the bearish trend.

The Bearish pennant pattern has formed on the #NTDOY H1 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 12.67, 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 13.44; the projection of the flagpole height is equal to 12 pips. In case the price breaks out the pattern’s bottom of 13.44, the downtrend is expected to continue for further level 13.29.

The technical pattern called Head and Shoulders has appeared on the chart of #NTDOY D1. There are weighty reasons to suggest that the price will surpass the Neckline 13.31/13.49 after the right shoulder has been formed. So, the trend is set to change with the price heading for 13.09.

The #NTDOY D1 formed the Head and Shoulders pattern with the following features: The Head’s top is at 14.98, the Neckline and the upward angle are at 13.31/13.49. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of #NTDOY will go towards 13.09.

The #NTDOY D1 formed the Head and Shoulders pattern with the following features: The Head’s top is at 14.98, the Neckline and the upward angle are at 13.31/13.49. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of #NTDOY will go towards 13.09.