Scenario
Timeframe	Weekly
Recommendation	BUY
Entry Point	183.05
Take Profit	210.00, 230.50
Stop Loss	163.15
Key Levels	124.00,145.83, 163.15, 210.00, 230.50

Alternative scenario
Recommendation	SELL STOP
Entry Point	163.10
Take Profit	145.83, 124.00
Stop Loss	168.85
Key Levels	124.00,145.83, 163.15, 210.00, 230.50

Growth is possible.

On the daily chart, the fifth wave of the higher level (5) develops, within which the wave 1 of (5) formed, and a downward correction ended as the second wave 2 of (5). Now, the third wave 3 of (5) has started, within which the entry first wave of the lower level (i) of i of 3 is developing. If the assumption is correct, the asset will grow to the area of 210.00–230.50. In this scenario, critical stop loss level is 163.15.

Main scenario

Long positions will become relevant above the level of 163.15 with the targets at 210.00–230.50. Implementation period: 7 days and more.

Alternative scenario

A breakout and the consolidation of the price below the level of 163.15 will let the asset go down to the area of 145.83– 124.00.