Growth is possible.

On the daily chart, the upward wave C of the highest level develops, within which the first entry wave (1) of C and the correctional second wave (2) of C formed, and the third wave (3) of C started. Now, the first entry wave of the lowest level 1 of (3) is developing, within which the wave iii of 1 and the correctional wave iv of 1 have started, and the wave v of 1 is developing. If the assumption is correct, the asset will grow to the area of 250.00–270.00. In this scenario, the critical stop loss level is 211.50.