EURCHF looking weak. re-distribution?

Taking a trade when it reaches the POC (where there was the most volume).
TP et the low of the last big low.
Invalidation if it takes out the last high.
A potential 5.0 Risk to Reward setup

I think this is a big re-distribution and we are continuing to the downtrend

Here is a closer view at the entry potential:


We can see that I call it a fake bounce because it went down violently, but is struggling to go back up: