Published June 16th, 2008 - 06:16 GMT Al Bawaba Near term, a 4th wave is working towards resistance from the 6/11 high at .7578 and the 38.2% of .7891-.7445 at .7615.However, we do not know what the form of the rally will be. The most likely patterns to unfold are a triangle or a flat. LatestPopular Trump administration reaches secret deals with Syria and Israel to remove nuclear materials Drone strike hits Libya’s Al-Zawiya oil refinery, causing naphtha leak Iran’s Supreme Leader appoints six top military commanders 74 killed as 7.4-magnitude earthquake devastates western Colombia Iranian president holds 7-hour meeting with Khamenei: Major discussion points Loading content ... Subscribe Sign up to our newsletter for exclusive updates and enhanced content Subscribe Now Subscribe Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news