DislikedHey Anthony
This whole post is throwing me for a loop since you are on the weekly chart, and talking about days
A buob is a bar the engulfs the prior bar fully and closes near the top of the range(say the top 1/4). It must have a lower low then the previous bar, and a higher high then the previous bar.
Here is a BUOB on the AUD/NZD chart you posted
Hope this helps
MikeIgnored
that clears it up,
sorry for the confusion, i forgot i had posted a weekly chart!
Thanks
Anthony