What is the Hot Dog pattern?

Question

Accepted Answer

Three candles: a red one, then a green "sausage" with a bigger body than both and the highest high of the three, then a red one. The dotted line is the sausage's high: the first close above it is the buy. The bun, the sausage and the bun: a close over the sausage's high is the buy Bullish: red, a big green sausage with the highest high, red. Bearish: the mirror. Reversal or Continuation: after a falling 10-candle average it is a reversal; otherwise a continuation. Both tested the same, so both are called. A pattern stays armed until it breaks; a new one counts only 10 candles after the last. More on the shape: the Hot Dog pattern.