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Growth is possible.

On the daily chart, a downward correction of the higher level ended as the wave (B), within which the wave C of (B) formed, and the upward wave (C) develops. Now, the first entry wave of the lower level i of 1 of (C) is forming, within which a local correction has ended as the wave (ii) of i, and the wave (iii) of i is developing. If the assumption is correct, the asset will grow to the area of 210.00–240.00. In this scenario, critical stop loss level is 150.60.