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

The technical pattern called Head and Shoulders has appeared on the chart of #NTDOY H1. There are weighty reasons to suggest that the price will surpass the Neckline 14.78/14.75 after the right shoulder has been formed. So, the trend is set to change with the price heading for 14.35.

The Triple Bottom pattern has formed on the chart of #NTDOY M5. Features of the pattern: The lower line of the pattern has coordinates 15.05 with the upper limit 15.05/15.04, the projection of the width is 1 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 15.04, the price is most likely to continue the upward movement.

The Bullish pennant signal – Trading instrument #NTDOY M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 15.43, with the prospect of the next move being a projection of the flagpole height.

The Bullish pennant graphic pattern has formed on the #NTDOY M5 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 14.83.

The Bullish pennant signal – Trading instrument #NTDOY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 13.45, with the prospect of the next move being a projection of the flagpole height.

According to the chart of H1, #NTDOY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 12.91/13.17 whereas the upper border goes across 13.46/13.17. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #NTDOY will breach the upper border to head for 13.57.

According to the chart of H1, #NTDOY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 12.91/13.17 whereas the upper border goes across 13.46/13.17. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #NTDOY will breach the upper border to head for 13.57.

The Bullish pennant signal – Trading instrument #NTDOY M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 13.18, with the prospect of the next move being a projection of the flagpole height.

According to the chart of M5, #NTDOY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 13.01 while the median line of the Neck is set at 13.06/13.06. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of #NTDOY will go towards 13.21.

According to the chart of M5, #NTDOY formed the Head and Shoulders pattern. The Head’s top is set at 13.27 while the median line of the Neck is found at 13.23/13.22. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of #NTDOY will go towards 13.07.