Both methods of analysis are beneficial and necessary for profitable and successful trading. Actually, the foreign exchange market is extremely volatile. Both methods assist traders in making market predictions and determining their next move.
Never blame your luck for losses. If loss occurs, it’s for your wrong forecast. Market has several technical points that we can’t catch and it ultimately leads us to go vain.
You can grow your capital even faster if you can minimize your losses and hitting tps becomes a practice. Trading without using TP and SL is like sailing a boat without oars.