The price is in a correction, a fall is possible.

On the daily chart, the upward wave of the higher level (5) of 3 forms, within which the wave 5 of (5) develops. Now, the first wave of the lower level i of 5 has ended, and a correction is developing as the second wave ii of 5, within which the wave (c) of ii is forming. If the assumption is correct, the price of the asset will fall to the area of 272.30–262.00. In this scenario, critical stop loss level is 303.64.