Good to see you looking for that set up. In particular the close back above the down bars high.
That little two bar set is most likely bullish to some extent, but does not properly fit the criteria I posted on today.
It is probably some form of reversal though, and may prove (moderately) bullish over time.
Looks like that stock may be about to re-accumulate - which may take some time to complete......
The potentially bullish reversal I posted about today should have an initial down bar with an increased spread (at least an average spread, but preferably a wide spread).
This one (above) has a down bar with reduced spread (barely an average spread), on increased volume.
(the reduced spread on increased volume does suggest support (buying) was present though, which is likely to be positive in the future).
The close back above the down bars high is a positive regardless.
