This morning Will %R got very close to 0. I am assuming it hovered around that area for a few seconds- I was asleep. It sure looks that way.
This happened while an uptrend was forming, which totaled 8 bullish candles in a row. This is a good example of a trade to enter on an uptrend when will Will %R has bottomed out. The confirmation of the bullish uptrend came in at about the 2nd to 3rd consecutive candle out of 8.
It is important to note that in this timeframe Will %R made a steady climb up much like the candles themselves. I ended up making a nice profit.