Growth is possible.

On the daily chart, a downward correctional second wave of the highest level (2) ended, and the third wave (3) and the wave 3 of (3) forms. Now, the third wave of the lowest level iii of 3 is developing, within which the correctional wave (iv) of iii has ended, and the wave (v) of iii has started. If the assumption is correct, the asset will grow to the area of 70.00–75.00. In this scenario, the critical stop loss level is 63.10.