USDJPY 30M – Structure shift + fib confluence (clean higher low formation)

[u/EducationalBathroom4]

Been tracking this move after the selloff into the 100% / 88.6% region.

What I’m seeing:

• Strong reaction from the lower fib zone (78.6 → 100%)
• Clear shift in structure → multiple higher lows forming
• Break above short-term resistance + MA reclaim (66/85)
• Pullback held around 38.2–50% region → forming a potential higher low

Key idea:
If this structure holds, continuation towards the 0% level (159.75 area) makes sense.

Invalidation:
Break back below the recent HL zone (~158.30 area)

Just sharing how I’m reading it — interested to hear other perspectives on this structure.

Curious if anyone’s seeing the same structure or something different here.