Voltage-gated sodium ion channels in the axon membrane open, sodium ions pass into the axon down the electrochemical gradient, reducing the potential difference across the axon membrane
Sodium ion voltage-gated channel proteins close, potassium ion voltage-gated channel proteins open, allowing potassium ions to diffuse out of the axon, returning the potential difference to normal (about -70mV) (negative feedback)
Potassium ion channels are slow to close, causing too many potassium ions to diffuse out of the neurone, making the potential difference across this section of axon membrane briefly more negative than the normal resting potential