Growth is possible.

On the daily chart, a downward correction ended as the second wave of the higher level 2, within which the wave (C) of 2 formed, and the third wave 3 started. Now, the third wave of the lower level 3 of (1) of 3 is developing, within which the local correction is forming as the wave iv of 3 of (1). If the assumption is correct, the asset will grow to the levels of 40.00–41.00. In this scenario, critical stop loss level is 35.32.