1 - TG-1 = 0.88109 - 27 NOV 2014
2 - TG-2 = 0.91489 - 27 NOV 2014
3 - TG-Hi = 0.96624 - 27 NOV 2014
1 - entrenchment range:
- 0.84951 to 0.87320
2 - Support at 0.83575
TRADE INVALIDATION CONDITION:
BACA < 0.81599
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1 - Be sure to always keep the letter/number immediately above/below the level you mean to define
2 - Consider the option of highlighting the 3-wave A-B-C that typically link Points 1 and 2, and Points 3 and 4.
Following the second rule above, you will see that points 2 or 4 do not necessarily need to be at the nadir of the correction's low, and it will definitely help keep the rationale of a wave confirmation going.
Besides the off-set points, looks like you got it.
In a BACA event, the trader receives a confirmation that an action needs to take place ONLY at the open of the NEXT bar/candle once a BACA has completed.