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SYMMETRICAL TRIANGLE on AMLP

AMEX:AMLP   Alerian MLP ETF
The ALERIAN MLP ETF chart, in a 1D timeframe, has formed a symmetrical triangle. This pattern depends on the break, if the break is in the top line of the triangle (following the green arrow) it is recommended to open a long position, on the other hand, if the break is in the lower line of the triangle (following the red arrow), open a short position.