As a result of the 4-Hour(timeframe) uptrend 3rd impulse-wave retracement at price 1767(key level), which can also be seen as a trend reversal based on the truncated 5th wave that emerged on the 1-Hour timeframe, we can expect a 3-wave(ABC) correction on the 4-Hour which could also appear to be an initial impulse wave reversal(downtrend) on the 1-Hour timeframe.
