NZDCHF; lower than higher for a long time

My interpretation of Elliot Waves for NZDCHF on a weekly chart.

Around October'23 I lost hope of NZDCHF going lower due to price closing at the 50% fib retracement. In my observation when price closes at a 50% fib retracement - that is the reversal point. I thought Aug'23 was wave 3 and Oct'23 wave 5...I thought I missed the low. But the sideways move for wave gave me hope.

I'm expecting a lower low for NZDCHF to complete wave (5) of (V) or V which is in line at the 1.618 area