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Growth is possible.

On the daily chart, the first wave of the higher level (1) of 5 develops, within which the wave 3 of (1) formed, a correction ended as the wave 4 of (1), and the wave 5 of (1) forms. Now, the entry first wave of the lower level i of 5 has formed, and the development of the downward correction is ending as the second wave ii of 5, within which the wave (c) of ii is ending. If the assumption is correct, the asset will grow to the area of 153.20–165.00. In this scenario, critical stop loss level is 129.70.