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Growth is possible.

On the daily chart, the third wave of the higher level (3) formed, and a downward correction developed as the fourth wave (4), within which the wave C of (4) formed as a momentum. Now, the development of the fifth wave (5) is starting, within which the first entry wave of the lower level i of 1 of (5) is forming. If the assumption is correct, the asset will grow to the area of 361.86–401.00. In this scenario, critical stop loss level is 277.00.