Growth is possible.
On the daily chart, the third wave of the higher level (3) formed, and a downward correction ended as the fourth wave (4), within which the wave C of (4) formed. Now, the development of the fifth wave (5) has started, within which the first wave of the lower level i of 1 of (5) is froming. If the assumption is correct, the asset will grow to the area of 220.00–235.00. In this scenario, critical stop loss level is 174.16.