This is my first J16 "chart analysis" so here goes! Oh, and please correct me if i'm off. The pb (if it closes as such) sits over the 50 fib level which is also acting as a ppz. The only negative thing I see is that the next ppz is about 140 pips above, not an ideal r:r if we have a s/l at the end of the nose.
I read a few times that the signal on the higher timeframe should be used, and also the head of the daily pin is not within the body of the previous candle, unlike the weekly pin, although the daily has ppz and fib's going for it.
P.S. Great thread you have here!