Growth is possible.

On the daily chart, the fifth wave of the higher level (5) of А forms, within which the first wave of the lower level 1 of (5) ended. Now, a downward correction has formed as the second wave 2 of (5), and the third wave 3 of (5) has started, within which the first wave of the lower level i of 3 is developing. If the assumption is correct, the asset will grow to the area of 266.00–300.00. In this scenario, critical stop loss level is 159.60.