There's no such thing as a reversal spotting indicator guys, markets behave how they like based in various parameters that you can't really know in entirety. Just manage your risk properly and have an edge.
Depending on the TF you are trading, a combination of EMAs can
Divergence,fib and rsi
If you understand price action
The Fibonacci tool works best only in a trending market tho
And in a ranging market, you can use the double top
Rsi with confluence of support/resistance
If you understand price action then the fib retracement is one power tool to use.
You're absolutely right
This works for me
I personally don't like to predict market tops or bottoms, I'd rather just go with the flow, 'ride with the current'. Follow the trend.