An assembly and method of latching an upper completion mandrel to a lower completion receptacle that is located downhole to prevent or limit movement between the mandrel and the receptacle. The method includes lowering the mandrel having a latch assembly carried by the mandrel to a first position relative to the receptacle, raising the mandrel to position the latch assembly in a second position relative to the receptacle, and lowering the mandrel to position the latch assembly in a third position relative to the receptacle to limit upward and downward movement of the mandrel relative to the receptacle.