With the low/reverse band broken or slipping you wouldn’t have low (1st).
Not fully correct.
You will still get 1st gear, in drive and manual 1 positions. But you won't get engine braking in manual 1 position.
1st gear has a sprag that engages in acceleration, but releases for engine braking. This allows the transmission to downshift into 1st gear as you slow down without a jerk. The sprag allows over running. But to get engine braking, it only happens in manual 1st gear, not in drive. When manual 1st is selected, the low reverse band engages. The locks the sprag, it can't over run. Now you get engine braking.
So you can still have 1st gear with a broken low reverse band, just not engine braking in 1st gear.
C4 has 2 bands and 2 clutches
The simplist is the intermediate band, it is 2nd gear. That is all it does.
The other band is low/reverse. It applies in reverse. It also applies in manual 1st gear to parallel the holding of the sprag during acceleration, and locks the sprag from overrunning during engine braking
Then there are 2 clutches. The forward clutch applies for all forward gears (1,2,and 3)
The other clutch is the direct/reverse clutch. This applies in 3rd gear and reverse
Select drive from a stop. The forward clutch engages. The sprag is holding, you have 1st gear.
As the 1-2 shift occurs the intermediate band applies and the sprag realeases. You are driving on the forward clutch and 2nd gear band.
The 2-3 shift is the hard one to do. The direct clutch applies as the 2nd gear band releases. Now the direct clutch and forward clutch are giving you 3rd gear.,
When you go to reverse, the forward clutch is released. Direct clutch (Direct/reverse) is applied. The low reverse band is applied. The forces on the band go the wrong direction against the piston, so the line pressure control is bypassed and reverse gets full line pressure.
When you lose all forward gears, but still have reverse, you have an issue with the forward clutch
When you lose 1st gear in drive, but have it in manual 1st, the sprag has failed.
When you lose 2nd gear, there is an issue with that band.
When you lose 3rd gear, the only thing extra that is the direct/reverse clutch. Can't be the forward clutch as that worked in 1st and 2nd.
There is a chance that a valve can stick in the valve body as well if it isn't an acutal clutch issue, that is where the line pressure test come to play.