Weekly Pivot Point Strategy. Pivot points drawn based on weekly OHLC are similar to daily pivot points except the fact that they are calculated based on the OHLC candle of a week and their plot lines are drawn over an entire week lasting Monday to Friday . It works as Support and Resistance levels.

Works best on 1hr or 4hr TimeFrame with combination of Smoothed Heiken Ashi. Check for smoothed Heiken Ashi on my Page.