You have the labeling correct Heavy. Here's a shot of the NU 30 minute that I've had for quite some time now. I think I was working with Kirby when I posted the chart showing the Wave 4 bottom coming up a few days ago.
So the first chart is a zoomed out shot of the NU 30 minute. After that, I have a zoomed in shot of the chart...look carefully at the wave count AFTER the wave 5 peak hit. Wave 4 in the new count was, once again, the best entry to take with little to no drawdown.
Zoomed in chart showing detailed Wave count after 5th wave...