Growth is possible.

On the daily chart, the upward wave of the higher level C forms, within which the entry first wave 1 of (1) of C ended, a correction formed as the second wave 2 of (1) of C, and the third wave 3 of (1) of C forms. Now, the first wave of the lower level i of 3 is developing, within which the wave (iii) of i has formed. If the assumption is correct, after the correction as the wave (iv) of i the asset will grow to the area of 123.60–135.00. In this scenario, critical stop loss level is 103.00.