We conclude that the following trading tools are the best when analyzing the Fractal nature of the market and understanding how waves and Fibonacci levels help explain price movements:
- Fibonacci → swings, support and resistance
- Fractal Indicator → support and resistance, momentum start and end
- Moving Averages → trend and momentum
- Awesome oscillator → trend and wave patterns
- Wave Patterns → market psychology
- Candlestick Patterns → trend and direction
- Chart Patterns → market psychology
As you can see, the 7 tools mentioned above are most important tools and indicators. They explain trend and momentum, support and resistance, and patterns.
