Growth is possible.
On the daily chart, the third wave of the higher level (3) ended, a downward correction formed as the fourth wave (4), shaped as double zigzag WXY, and the formation of the fifth wave (5) started. Now, the entry first wave of the lower level 1 of (5) is developing, within which the third wave iii of 1 has formed, the wave iv of 1 has ended, and the development of the wave v of 1 has started. If the assumption is correct, the asset will grow to the area of 111.55–122.00. In this scenario, critical stop loss level is 88.40.