Growth is possible.

On the daily chart, the upward third wave of the highest level (3) develops, within which the wave 3 of (3) and the correctional wave 4 of (3) formed, and the wave 5 of (3) develops. Now, the third wave of the lowest level iii of 5 and the wave (iii) of iii are forming. If the assumption is correct, the asset will grow to the area of 270.00–300.00. In this scenario, the critical stop loss level is 227.00.