Again, there are no ‘best’ tools, but there are tools that each trader will favour in their own trading strategies. Fibonacci levels are one very popular set of indicators used widely in determining support and resistance. Many traders also make heavy use of moving averages when determining support and resistance level, and pivot points are also quite popular. Also used heavily for determining support and resistance levels are the price bands such as Keltner Channels, as well as other types of trend lines and channels.