[spoiler]My thoughts are that this is a classic markdown to test...

My thoughts are that this is a classic markdown to test for supply - it drew out sellers and buyers immediately returned to buy the stock and it finished on near it's highs, supply has come in again and is limiting a rise above 77/78.

There is also something that I like to use at times if I'm not sure what a two bar combination means. It's called "blended candles" and I'll stick with that name because the very first candle people used it successfully - we could call it "blended bars".

What I do is combine the two successive bars on a O/H/L/C and come up with a single bar.

So this is what Jako's two bars then become - makes it easier to see why a reversal had to happen or at least a sideways "knock".