The price is in a correction and a fall is possible.

On the daily chart, the first entry wave of the highest level 1 of (5) and the correctional second wave 2 of (5) form, and the third wave 3 of (5) started. Now, the first entry wave of the lowest level i of 3 has formed, and the correctional second wave ii of 3 and the wave (a) of ii are developing. If the assumption is correct, the price of the asset will fall to the area of 173.30–162.50. In this scenario, the critical stop loss level is 218.20.