Growth is possible.
On the daily chart, the first wave of the higher level (1) forms, within which the fifth wave 5 of (1) develops. Now, the third wave of the lower level iii of 5 is forming, within which the wave (i) of iii has developed, a local correction has ended as the wave (ii) of iii and the wave (iii) of iii is forming. If the assumption is correct, the asset will grow to the area of 153.45–160.00. In this scenario, critical stop loss level is 118.84.