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.
Today's investors are very prudent. They try to use their common sense in trading. Strategy also plays a big role in trading. Those who can constantly change this strategy are able to achieve success very quickly. In this concern only one trading tool is not enough to do well in the trading business.