One of the most powerful reversal indicators is the shooting star and very rarely the abandoned baby. Look for them on the weekly charts. They usually lead to strong moves in the opposite direction of the previous trend.
And yes, these are the confirmations that we look for before shorting and that confirmation is give by PRICE. Not by wave counts, not by fibs, not by resistance/support, not by trendlines and certainly not by twitter posts.
Here you can read more about them. I would not overthink this. There is rarely perfection anywhere.
https://www.investopedia.com/terms/s/shootingstar.asp
https://www.investopedia.com/terms/b/bearish-abandoned-baby.asp
One of the most beautiful voices and songs in the world. Julio Iglesias
A song about roads and highways, not really destinations…..
Cris
Thank you Cris !