It actually depends on the strategy you follow. I generally go short if the first downward leg after double top retraces back to .618 if I'm in an aggressive mood. But if you seek a better R/R, there's no set up like a bat pattern.
I agree but the large drop from X and then price returning to it does make is a good trade to look at closely. I have also just taken a 5 min long bat patter on the USDJPY which you can see on here. This gives me a good option either way