Avoiding Fakeouts

I am new to trading and am using Fibonacci Levels to trade, I was analyzing my losses to check where I have went wrong but I have seen that sometimes I am trapped in fake-outs so can you tell me some tips to avoid fake-outs . ( Bollinger Band wasn’t showing any reversal )

Like this one is the exact where I have entered in Long Position :sob:

There is no way to remedy this. The timeframe is 5m timeframe. So, chaos will be there!

What timeframe would you suggest to trade intraday ( which has less noise or fakeouts ) ?

Depends on volatility.