The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.
BUY SIGNAL!
This coupled with the BEARISH HARAMI CROSS signal today.
This is a major bearish reversal pattern, which is even more significant than a regular Bearish Harami.
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