Weekly range midpoints as support and resistance

Build the weekly bar from the five-session range

A weekly Haguro-style bar is assembled from the week's full high-low range, with the weekly body running from the Monday open to the Friday close. The weekly range line is the high-to-low span of every price traded across that five-session week. The weekly body is the segment between the first-session open and the last-session close, marked by whether that close sits above or below the open.

That geometry is a weekly construction choice. It is not a daily candle redrawn at a coarser scale.

Classify the weekly body against the midpoint

The range midpoint is the halfway mark of the weekly high-low span. It is used first to classify where the weekly body sits. Weekly bodies fall into three placements versus that midpoint: entirely above it, entirely below it, or covering it.

An unchanged Monday open and Friday close is still judged as a small body against that midpoint. The classification follows the body's placement, not a daily candlestick name.

In this historical workflow, a weekly body that sits entirely above the midpoint in a high-price area is described as a possible warning of lower prices about two weeks before a reversal. That is an archive placement reading, not a forecast of any present market.

Keep the dominant week's midpoint as a later line

The week with a range and body visibly larger than recent weeks is treated as the dominant week. Its midpoint later functions as support or resistance. The same range midpoint that classified the body is the line later used to hold or pierce.

A Friday close that pierces the midpoint of a prior large weekly range is a midpoint pierce. That last-session weekly close is read as a break of the constructed support or resistance. Levels taken from a dominant weekly bar remain in force until they are broken and may persist across months or years.

Editorial reading

Editorial: TradersWeek treats this workflow as a way to assemble one weekly bar from the five-session range so the midpoint of an outsized week can be kept as a line that later holds or breaks. The teaching point is to build the weekly range line and weekly body first, then watch the dominant week's midpoint, instead of copying a daily candlestick name onto the weekly chart.