We didn't have to wait long to see the correction. The price didnt manage to climb above 9.00 EUR. It went back down some 1.20 EUR to find a support around 7.60 EUR. 7.63 EUR was a Fibonacci support level; please also mind that this level was marked on the previous ilustration as a possible support.
We saw quite positive rally yesterday, and we expected this to continue today at least towards 8.47 - 8.52 EUR, but the rally was capped just below 8.40.
We are now at 8.27, which yet another Fibonacci level - which can be now either support or resistance. Carbon continues to climb along a trend line, which makes us think the 8.27 will act as a support.