Are we approaching a bottom ?

The price movements since July 2015 look corrective to me. So my preferred count is shown in the chart. I personally think the yellow area could be the potential end of correction. There might be a great opportunity with tight stops but need to see the price action first. Watch it closely.

Btw, if I am right, the bottom should be in within March 2017.

Comment:

We are in the area now. Watch for price action.

Trade active:

Built a small position today. Anticipate the first five wave up coming soon.