DislikedHey, GJ it is my understanding that, it is not a matter of whether the bar closes below the previous bar or not.
It is simply a matter of the low of that bar, taking out the low of the previous bar, that makes it a BEOB and not a PB...Ignored
i think some like a BEOB to be a bar (with a range) that just engulfs the prior bar (irrespective of the 'body' or the open-to-close)
some want a bar with a range (high to low) that engulfs the prior bar's range plus the BEOB's body (open to close) to engulf the prior bar's body too.
in the end, yeah, it's a PB-BEOB hybrid