A 2618 trade is probably the safest way to trade a or and although the Risk/Reward ratio is a little less favorable, my preferred way to enter a double top/bottom trade.
Basically, you wait for the downward trend, away from the (the upward for ) to break and close below the neck line of the double top/bottom.
Then, if a retracement occurs, you put a limit order at the . of the previous leg of the move, in the direction of the previous move.
You might miss a couple of double top/bottom trades if no retracement occurs, but percentagewise you'll win a lot more of these trades.
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