Growth is possible.

On the daily chart, the third wave of the higher level 3 formed, a downward correction ended as the fourth wave 4, and the fifth wave 5 forms, within which the wave (3) of 5 develops. Now, the fifth wave of the lower level 5 of (3) is forming, within which a local correction has formed as the wave iv of 5, and the wave v of 5 is developing. If the assumption is correct, the asset will grow to the levels of 450.00–480.80. In this scenario, critical stop loss level is 387.45.