---
title: 'LIVE: ETH Dropping as Predicted... But This Isn''t the Bottom Yet'
source: 'https://youtube.com/watch?v=oWjw-GjfyyQ'
video_id: 'oWjw-GjfyyQ'
date: 2026-08-14
duration_sec: 2147
channel: 'Jude Umeano'
---

# LIVE: ETH Dropping as Predicted... But This Isn't the Bottom Yet

> Source: [LIVE: ETH Dropping as Predicted... But This Isn't the Bottom Yet](https://youtube.com/watch?v=oWjw-GjfyyQ)

## Summary

In this live trading session, the host reviews the week's trades, focusing on Ethereum, EUR/USD, GBP/USD, and AUD/USD. He explains his technical analysis approach, including break of structure, change of character, and confirmation entries, and outlines potential trades for the upcoming weekend and next week.

### Key Points

- **Biggest Win: Ethereum** [02:39] — Ethereum was the biggest win of the week, matching the prediction made on Monday. The trade was taken after a break of structure and confirmation entry, with the stop loss moved to break even.
- **Using Sell Stop Orders** [05:05] — For trades that occur while asleep (e.g., around midnight), a sell stop order can be placed below a key level to automatically enter the trade when the level is broken.
- **Risk Management: Moving Stop Loss** [06:49] — After a second break of structure, the stop loss is moved to break even to protect profits. This ensures the trade remains profitable even if the market reverses.
- **EUR/USD Trade Setup** [15:03] — On Monday, a change of character was identified. The plan was to wait for a retracement into a specific zone, but the market didn't retrace. Instead, a break of structure and change of character on the 5-minute chart provided an entry, albeit with a worse risk-reward ratio.
- **Trade Targets and Stop Losses** [21:10] — For EUR/USD, the stop loss is at 1.18491 with a target of 1.14110. For Ethereum, the entry was at 2003.81, stop loss at 2423, and take profit at 200235, with the stop loss already moved to secure a 2.31 risk-reward ratio.
- **GBP/USD Setup** [25:35] — A break of structure was identified, and the area of interest is a high. The plan is to wait for a candle body closure below a level, then look for a retracement to enter a short position with a target at a lower low.
- **AUD/USD Setup** [30:31] — Similar to other pairs, a break below a line would trigger a short trade targeting a specific point. The host expects a good opportunity next week.
- **iPhone 17 Giveaway** [32:23] — A competition is announced where participants can win an iPhone 17 by joining a group and trading. Consolation prizes are also mentioned.
- **Schedule Change** [33:17] — Starting Monday, the live show will move to 7:00 a.m. and will only be held on Mondays and Tuesdays, dropping Friday sessions.

## Transcript

called and you can see we are already in this trade. So, I'm going to show you trade were also within the week and how they went and what's going to possibly happen from now because today is Friday and um if
there are more trade opportunities, especially for this weekend. So, if you're ready for this show, just give me a one in the comment because we are about to start.
and gentlemen, may I have your attention, please? starts in 10 9 8
6 5 3 2 1 Go.
the show. This is Friday and it's just to review what we did within the week, what opportunities and the trade opportunities we took and if there are more opportunities to take this weekend or just put your hands and wait to see
what happens um during the weekend. So, again, welcome to the show. Um before we continue, if you uh just go to the comment and tell me where you are attending the live from. Just type the city and the country you are uh sending
this live from. For example, I am in Lagos, Nigeria. Just type the city and the country so I can shout out to you guys and know where you are attending guys and know where you are attending from.
from. So, our our biggest win this week this week is um
Oluwafemi from Okitipupa, You're welcome to the show. Our biggest win for this weekend is Ethereum. Now, this is exactly what I said last week. I
hope you guys were here last week. Sorry, not last week, on Monday. This is exactly what I said on Monday. I'm going to go back to the 1-hour time frame. So, I said this. I said that
because we are still around here. We're still around here. And let me go to the 15-minute time frame. said if we had this go up to this and breaks this level
then I'm looking for two trades. One is when we have a retracement down I'm taking this trade here. And when we get to this high
I'm looking for this change um confirmation entry to take this trade. That is exactly how we what I I talked about and that is exactly what happened. So,
we did not get a retracement here, so this wasn't a trade that we took because it did the market didn't offer us opportunity to take the trade. But we did get this opportunity over here. So, you can see the market went
into this zone of interest and look at what happened. I'm just going to clear this out so you see what what happened.
you can see it here clearly that the market came into this zone it made a high, so this is what? A break of structure. And it came to do all this
and broke this structure at this point. This becomes where we enter this trade. some people are going to miss this trade and I know why they will miss this trade because you can see this market did not retrace
to give an entry. And if you look at the time also this trade came when? It came around um like the midnight, so
trade. But there's a way to take this trade you are asleep. And that is using sell stop. Now, not I'm not saying
I'm not saying um It is actually a sell stop. Because you want to do this.
this line shows that that when the market goes below this line then we are market goes below this line then we are taking an entry from this line.
We take an entry. So, when the market is coming down to this point, you simply because you already know that okay, I'm just waiting for this this um low to be taken out then I can enter this trade. All you simply do is to put a limit sell
a sell limit order here and you will have gotten into this trade even when you were awake. Now, there are other trade opportunities I was looking at. One is sell here. So, so far we're we're making um this
So, so far we're we're making um this move downward. We made this. We broke structure here again. Okay? And we retraced and broke structure here again. So, when you when we did this
about I'm talking about risk management right now. structure this is when you now do what? You move your stop loss to break even here. Okay?
When I did the second break of structure here you now move that stop loss to this. Because if the market goes up from here and you are still good. So far, we have not had in another break of structure,
so our stop loss is still at this point. So, even if this trade goes against us we are still in profit.
at this point is is the final target. So, this is the structure we are looking forward to break again. But the way we forward to break again. But the way we are going now, do I I don't know.
This is a high that if you go above this line then this becomes invalidated. But so far, we are not still above this line. So, what is the possible trade? There is still a possibility for a trade here
to go lower, but you cannot only take this trade if you see a confirmation entry at this point. So, let's go lower to see if you can see a confirmation entry to take a trade from this region. To do that, I'm already in the 15-minute
time frame, so I'm just going to I'm just going to go lower to the 1-minute just going to go lower to the 1-minute time frame right now. Okay. So, if you look at this, this is a high
So, if you look at this, this is a high if we go below if we go above this high if we go below if we go above this high this particular high invalid. But in as much as we are below this high
small this is sweep buy here and we are We can still look forward to taking a trade from this region.
trade from this region. Okay?
Um so, there are two ways to take this trade. One is I can mark out this low. It becomes a significant low. Mind you, right now on the 1-minute time frame So, mark out this low um because if you look at this this is a
point that we should have considered here, but we could have considered this this point but we are no longer there. We are still we have broken past this. And at this point, this is a high of
this particular range. Okay. structure in this region. what I would do is I won't take this trade unless I see a
I won't take this trade unless I see a break down this way. If I see a break down this way, then I can go short from here.
then I can take a short position to take it lower. Mind you, we are still Now, but if this goes higher, then I'm no longer interested in in taking this trade. I will be
interested in taking this trade. Now, let me show you what I this trade. Now, let me show you what I mean.
1-minute time frame. Again, we are still in this higher time frame trade, okay? But looking for like very very short time frame opportunity to trade. Now, but if the other way happens, if we
go above this line, this line now, then what I want to do is look for a long position to take it to this particular high. Hope this makes um
took on Ethereum. I'm going to go back. Go back to the one 1-hour time frame. Last week, we mentioned that if we get a confirmation entry here, let me clear this um
me clear this um up out again. confirmation entry at this point, confirmation entry. This is what I drew last week.
last week. I drew this last week. what I drew last week. I drew on Monday, not last week, Monday. So, high.
trade, but here, I drew this that if we get a confirmation entry here, CE, then this is a trade to be in. And yes, we did get that um confirmation entry here. I went this trade, and we're
trying to target this particular low. And right now, our stop loss has been moved to this particular
um low because because of the price action we're now goes against us from here, we are still good because um we are following trade management in taking this trade. Okay? But I know I went for that to say
that there are other trade opportunities even lower in this time frame, which is which starts to make sense if you go to the
Let me mark it out. We'll be having Let me mark it out. We'll be having here. Break of structure. This is an internal break of structure.
So, to the point that we are now here, we have not broken below this low here. but there's opportunity to trade on the 1-minute time frame here
if we see some certain good action. And if you go down to the 1-minute again, line, if you go below this line, then I don't want to consider going higher, but I'm considering
if you go below this line, then we can now trade to this low and even to this particular low, giving us an an opportunity to trade even this very day, not waiting till um next week to trade. So, for Bitcoin,
Bitcoin, we didn't have Bitcoin didn't give us a very good opportunity to trade. So, the I didn't As you see as you as you can see here. So, probably till next week. Now, let's
look at EUR/USD. On Discord, I actually dropped this. Now, on Monday, I stated this. I said that on Monday, I stated this. I said that we've had this change of character here.
Okay? Now, what I'm waiting for is for price into this region, then I'll go to the 5-minute time frame
then I'll go to the 5-minute time frame to look for a change of character here. I said break of structure, change of character. All I want to do is to wait look for a retracement to this region.
Then at the retracement, I'll look for a change of character here to take this um um price lower. But the thing is that we didn't get that retracement into this zone. Sometimes, market doesn't give you what you want it
to give you. But we still go by um the logic. If this happened, then we Then, uh going down to a lower time frame, I want to change this to this region
from this point. If you go down to 5-minute time frame now, um we can do some investigation from here. So, even though that we didn't get
we didn't get we didn't get tap into this zone, we still had this. We still had this break of structure here. You can see that here.
this becomes our change of character at this point. Because of this change of character, this break of structure is what made
this a change of character, okay? Now, because of this change of character here, it means that it's a go to take this trade from here. That's why I took this trade from around this region because
So, you know, we didn't get a tap into this zone, but I still have to take my um stop loss all the way high. If we had like this into this zone, it would have made
more sense. You would get you you would see more um what do you call it? You'll get a better risk-reward ratio. zone, but we still got a change of character
at this point, then this place was a was not a bad place to take this trade from instead of missing the whole of the trade entirely.
uh that is running right now. And I dropped this on Discord. Immediately I got this, I dropped this right away on Discord.
um From what I'm seeing here is that We might not get a trade uh and that trade, but there is still opportunity
to take a trade from here because if you look at here, we have a change of at this point. Okay?
um a break of a a break of structure here. So, from this point, if we go like this, then this region now becomes my area of
this region now becomes my area of interest. I still see the price get into this region, let me go down go down to 15-minute time frame now.
>> My network is a little laggy, so it takes time to um adjust when you change when you change this. So, what I'm going to put a line here.
a an order block, a 15-minute 15-minute order block. I'm going to set 15-minute order block. I'm going to set an alert here.
So, if you keep on going and we get into this zone, let's say we do this, okay? I'll get into this zone. Then if I see a change of character this then I would I would still take a short position from here
and go lower. It is It is It is very okay because in in in Forex, the same account. All you have to do is just simply
um stack your trade, which means that you can just go ahead and move your stop loss to break even. Then if you see this opportunity here then it's a good place to take another trade from.
leave the information at the end. Just go to fibi.com and join my my program there. You Join Join Discord means I have to go through all the whole psychology of how to
my trading trading my trading um steps, the microeconomics, everything before I all the analysis I do on on Discord before it makes a lot of sense to you.
before it makes a lot of sense to you. So, this is what I am Somebody asked The question somebody asked is what are the target for both? Now, for for
for EUR/USD, you can see that stop loss is at 1. Stop loss at 1 is at 1. Stop loss at 1 .18491.
to 1.14 110. But mind you, I manage my trades 110. But mind you, I manage my trades along the way. If I have a um change What do they call it? A break of structure to the downside, I
move my stop loss. Just trail is calling to You just trail your trade downwards so that if you If the market just flips, you're not in the in the uh you're not in the wrong position, okay?
break here, of course, I move my stop loss lower. Now, for question for Ethereum. For Ethereum, like I said, I am already in this trade. I'm going to go back. I'm already in this trade.
Um Stop loss at as 2423. Entry was at 2003 um 81 and take profit as 2003
200235. Now, my stop loss is already moved to this point. Okay? So, this should goes against me, I'm not taking a loss because
I've already secured my stop loss to this point. I've taken this trade around here, this is already 2.31, which is still a very good um trade, but I'm I'm trying to go to
the last target to give me a 3. um 45 uh risk-reward ratio. Now, besides this, I said that I'm still looking forward to take another trade in this region, but on the 1-minute time frame right now.
confirmation entry on its own because if you look here on the 1 minute, we had a break of structure here. Then this is a change of character, okay?
Here, which means that this is absolutely this is absolutely the right place here is the right place to take the trade from. Okay, but if you want to be double sure,
now you can now wait for another break of structure here. Then wait for a retracement and take the trade and take it to this point. So, what am I waiting for to do now is one, see if the market will go below
um this point. 2003 16. If it goes below it, I'll wait for a retracement to at least a 50% level. Then I'll enter that trade and my target
will be 2003 um 2003 02. So, what I mean? So, short position if we have this here from around the 50% level,
from around the 50% level, my stop loss will be above above here and my take profit is around this place. Okay, this is a 2. Um 39, so I'll probably shift this up till I get at least around it. So, this
the trade I'll be looking forward to take once we do get the break below this particular line.
line. As simple as that. get a better If you want to take it lower, you can actually take it at this particular low, which even gives you a a of to a 5.55
risk-reward ratio if you get this.
And I hope I I've answered your question. Um for EUR/USD, this is what we have. Then for GBP/USD,
today. I wasn't really on the chart today. I was looking at this today and what I marked out was this. So, I didn't take this This is where I wanted to take but I didn't take this trade here. Okay? And because the market didn't get
to this point, then today we we had this break this break of structure here. I'm just going to call it what it is. I'm just going to call it what it is. Um break of structure, BOS.
Then and I drew this. I drew this of interest. This is the high here. This is the high. This becomes my area of interest.
This becomes my area of interest. I drew this
knowing that when it when the chart comes here, I want to go to the 1-minute time frame and look for again, simple, a change of character. So, we are here and you can see that
So, we are here and you can see that that this is the last high over here. very simple like this BOS.
Then this is the low that led to that BOS. This is the low. Okay? Right now, that low is not broken is a change of um character. Sorry, this is a
So, this low you can see here is not yet broken. So, if we have a break, the reason why you want to wait for that break is it gives you a confirmation that it is coming down.
if you don't get that confirmation that it's coming down, uh it might just go up. So, confirmation entry lets you take fewer losing trades because no trade is 100%
guaranteed. But with confirmation entry, you take fewer losing trades. So, what I what I expect from this region is this. If you go below this with a candle body closure, okay? I can now look for trades here. I can do
two things. One is Let me I want to mark out the um points to look forward to.
one is This is a point to target because have you have a break of structure here. So, this is the next we want to take out, this particular one.
Okay? So, this is for um GBP/USD. So, if I go back to the 1-minute time frame,
how will I enter this trade? Like I said, this is the short position from here. Okay? If the market come below here, the your high is here and your target is here.
Okay? Now, this is a 2. um 03 and I don't take trades like this, three. So, usually,
point, sometimes, a lot of times, the market do a retracement after breaking a level. So, I'll just look for that retracement. So, by just looking for it at this particular point or halfway, you will
see you get a three or even more than a three from that particular point. So, this is a trade I'll be looking forward to also take if we have this break and I think we are coming down to that point.
We are coming down to that particular to that very point. So we are coming down to this very point right now. Again, we have a break of
structure here. And if you go below this it becomes a change of character. Then that will not be a trade I would take and the target will be the bottom of this given us a very
a very good trade. This is day trading actually. So most of the times you see going to day trade. That's why I'm dropping down to the 1-minute time frame dropping down to the 1-minute time frame to um give you guys um possible entries.
I don't I don't think this is going to pull through. Now for Australian dollar USD um Damn. So I marked like the same thing. It's It's basically this currency is
moves the same way. I marked the same thing here. Uh you can also see that here that we have We didn't have it We didn't get that break I wanted to see here. Even though this is on the 1-hour time
frame. We only have a a We only had We only had liquidity sweeps here. So but we seem to be respecting it. So this thing I drew here is like this.
If we get a break below this line then this this now becomes the trade I want to take. The target is at this point. So I believe next week
we are going to see um good opportunity to short the market to this particular point. I will I want to see that. From you Euro USD to GBP USD
to Australian dollar USD. These are trades that are set and right now Ethereum is showing us some love as you can see from here. love. Uh Bitcoin, nothing much. Bitcoin is
just ranging ranging. Nothing much is coming from it. So I'm going to take if you have a coin I just take one coin you want me to review just um put it in the comment section and I will
look at it. And like I said, we are having And like I said, we are having an an iPhone 17 giveaway. So we are starting. Okay?
We are starting. So if you go below this video to join that competition to win this iPhone to to win this iPhone 17 you just have to use the link below
um join the competition, get into the group and um just trade, right? You will see You will be seeing signals within the group. You can choose to use a signal. You can choose not to use a
All you have to do is just to just go ahead and trade. Um at the end of the competition one of Other people get Other people will get consolation
prizes. I think that's about it for this show. From Monday announcement from Monday I hold this by 2:00 p.m. Mondays, Tuesdays
and Fridays. After I've done I've done this way for I think But we are changing everything from Monday. From Monday we are bringing it back to the morning because I used to do this in the morning
before and people like were like, "Okay, I would still want it in the morning so take time, look at it and take the opportunities that come within So from from Monday it's going to go back to being in the
7:00 a.m. I'll be here to open my system, show you the trades I'll be taking that day on Monday and we'll do the same thing
on Tuesday and that is it. So just going to be Mondays and Tuesdays. Friday will no longer be part of the show. Monday 7:00 a.m., Tuesday 7:00 a.m.
starting on Monday. I'll see you guys. I'll see you guys on Monday morning. Have a lovely on Monday morning. Have a lovely um I again I hope I really
I really hope that you guys score this trade because all these trades this one we talked about it on Monday and it's playing out. It's not as if you saw me You can go back to my Monday
class and watch it. I talked about this on Monday. I told you where I was taking my entry and it is playing out. On Tuesday I showed you Ethereum. Like I literally
I showed you Ethereum. Like I literally drew it and it is still here. seen it. I said if you have this this this this this and I'm taking this trade
this this this and I'm taking this trade here. I can see this played out exactly the way I talked about it. And right now I'm saying that this is a trade that I'll be taking.
Okay? If we have this go below this line then if it retraces upwards that is a trade I will be taking. It's like It's clearly here.
Nothing is hidden. You can see it. You can see me doing it live with you So that is it. I will see you guys on Monday. Have a
Monday. Have a Have a a great weekend. Bye everyone.