Bar 1 is a breakout bar.
Bar 2 is clear out possible reversal of breakout.
Bar 3 shows no follow through of previous reversal bar. Instead, it shows a “99 percenter” up bar.
Bar 4 shows follow through up but reverses and clears out the previous bar with a lower close. Note the body of this bar is INSIDE the body of Bar 3.
Bar 5 is a breaks the body of the previous 2 bars to the downside. This is the third sign of a possible reversal to the downside.
Bar 7 is a 4 Close Reversal down and close below the pivot level.