Growth is possible.

On the daily chart, a downward correctional second wave of the highest level (2) and the wave C of (2) ended, and the third wave (3) started. On the four-hour chart, the first entry wave of the lowest level i of 1 of (3) and the wave (v) of i are forming. If the assumption is correct, the asset will grow to the area of 50.00–55.00. In this scenario, the critical stop loss level is 34.80.