To get the best out of any analysis confluence between multiple tools is best because it gives a clear picture of where to possibly set take profit and set a stop loss in case of reversals. For me i Iove support and resistance and so I combine trend lines, moving average, time frame and indicative candle stick making sure my chart is as neat as possible and any signal outside this i avoid it. This keeps my trading discipline in check.
What are your own it can be beneficial to someone else.
combination between several tools will give us best signal that will have less risk. first thing we must do was draw a trend line so we could open follow this trend, we could identify it using moving average indicators too. when we know market trend direction so we could open position and using support resistance by using line or fibo. this is simple trading system between trend and support resistance but most traders use complicated system that need indicators on chart.