I use support and resistance but want to work on fibonacci or pivot point indicator as they might be best,
Those options are different ones - some people prefer fibo and pivot, and the others are using s/r for example. Support/resistance (s/r) systems are more related to price action systems. And fibo and pivot - for any classical or signal system.
As to me so I like pivot.
I don't use indicator to set TP-SL.... not even using Resistance-Support lines..... Just simply use 50 point (pip) for TP and also same 50 for SL
and OP at high (upperBB) for make Sell,,, and OP at low (lowerBB) for Buy ...... (offcourse after few hours calculating & analyzing market movement)
For my trend trading, I use ATR*3 for SL and TS, with no TP
For my swing trading, I use Bollinger Bands for SL and TP, but it's not a hard TP. TP is the trade closes when price crosses the opposite band.
I never pay attention to S/R levels (well, I guess I do if you count BB or MA), and I've never thought anything about fibs. I think fibs only work because people think fibs work. Of course a price will bounce off of 66.7% retracement, if everyone thinks it's going to bounce and so they put their limit orders on it.