The price is in a correction and may grow.

On the daily chart, a downward correctional second wave of the highest level (2) ended, and the third wave (3) forms. Now, the first entry wave of the lowest level 1 of (3) has formed, and the correctional wave 2 of (3) and the wave c of 2 are ending. If the assumption is correct, the asset will grow to the area of 75.00–80.00. In this scenario, the critical stop loss level is 53.90.