Starting our analysis on the daily chart, we can identify a breakout above the previous support/resistance line. As the bullish move, that made the breakout is also a motive wave, we do expect a correction now and another impulsive bullish wave noted with number 3 in the wave theory.
On the four hour chart, we can identify the same as we did on the daily timeframe. Keep an eye out for a longer correction before the anticipated bullish move formes.