I'm waiting for a good drop on the chart.

It is at a historical ceiling where resistance is very strong. I expect a return to the 170 range and a market decline. Our main target is 9%. There is a possibility of a decline of up to 20% in the long term. The decline is probably as low as 20%. I am taking profit with a stop.
1- Break of the uptrend line
2- Start of the bearish phase
3- Retracement to the 86% Fibonacci line in the bearish phase
4- Start of our short position and receive 9% of the chart
EURCAD