The Band Short position remains active, and the short would only be invalidated if a candle closes at or above 1.6. For determining the exit strategy, consider switching to the 4-hour or 1-hour timeframe at key levels.
There still appears to be a high potential for a correction in BAND, which could lead to our target profit. Maintain your stop-loss and adhere to sound money management practices, especially given the current high market volatility.