Growth is possible.

On the daily chart, a correction formed as the fourth wave (4), and the fifth wave (5) develops, within which the wave 3 of (5) is forming. Now, the fifth wave of the lower level v of 3 is developing, within which the wave (v) of v is forming. If the assumption is correct, the asset will grow to the area of 330.00–340.00. In this scenario, critical stop loss level is 306.40.