The latest release of FCTM clarifies this in a very appropriate and long overdue manner. The procedure has not changed since 6 or so years ago, but finally all the graphics and paragraphs convey the correct flow.
This was not the case until March, before which you could still pull an old standard wording from somewhere.
@mig68el: You are correct. OEBs preculde ECAM actions, and Airbus says so for YEARS.
@Metro Man: resets only after ECAM. Secure the failure first, reconfigure, and only then reset, not the other way around.