GBPUSD - Incorrect Read

GU has been in an overall downtrend for 10 months, but has become very choppy in the past month.

D shows the range boundaries.
240 is a mess but last week broke out of the down channel and is testing from above. The bar before my entry was a bull pin marking the end of L2. I stalked a test of that low.
60 shows the DTL stalled upward movement.
5 shows I missed the optimal buy after the downmove ended with a vol climax. Entry would've been taken just after 6:00pm.  A 2nd climax occurred at 8:30pm with an entry at 9:30pm.  I missed both entries and instead entered on a break of the small consolidation at 10pm.

No surprises how this ended.  I was stopped out after only seeing about 10 pips in favor when the resistance held i.e. the sellers returned.  The 60 shows a trap box just above the DTL that held. The 5 shows that same trap box and how my entry was right into the sell zone - big mistake. The 3rd vol circle shows they hit it hard as well. Not shown is GBPCAD which I watched at the time and saw it leading the way down.

1 loss for -0.5R. Fortunately, I took a reduced position knowing it wasn't a very good trade. Reflecting back I realize I should've skipped this buy seeing that I missed the 2 better entries earlier. The D had no momentum and was in a range, I entered at the top of the range and didn't exit when sellers hit it. Nor did I heed GBPCAD's warning. I could actually make a better case for a sell! Not because that worked, but because it was fresh off the TOP of the range and it agreed with GBPCAD's bearish view.

EURCAD - Pipped Out Again

Following the result after yesterday's trade I was looking to go with the overall downtrend on EURCAD.

D in downtrend tested S/R from below and held with a significant sell-off.
240 reached a support area and I was looking for a test up to short into.
60 got to the MAs and was holding
5 shows my short entry at 25. It was messy but I saw a H&S pattern and entered when the 6pm low was broken.

5 min shows it tested the top of the choppy range 30 mins later. It probed the top leaving a large wick and vol shows BB sold into it.  From there the mkt was finally ready to go.  Not only was I stopped out but I wasn't around to re-enter.
60 shows I targeted the trap box at the lows, my 2R target was hit 4 hours later.

Summary: I took a -1R loss despite a perfect read. The consolidation was messy and I expected it to break downside at the point I entered. I should expect I will sometimes enter in consolidations that don't break until later.  Main thing is my view is correct and I believe the target is achievable. I should not use tight (hitable) stops when things are choppy - I'm just asking to get pipped out. The last 2 stopouts have been barely tagged and is a result from trying to reduce risk and to increase the Reward multiples.  However, smaller stops can also make it unlikely I'll reach my target because the noise can snag them.  So it's not just about having a large R multiple but about having the right mix of good win percentage plus an appropriate Risk:Reward.  If I need a 40 pips stop and that means I can only achieve a 2R win then I cannot use anything smaller than 40 pips.