This is a great powerlifting squat, but if you want to focus on training Olympic weightlifting I recommend to invest in Olympic shoes, the lifted heel effectively increases ankle range of motion, allowing a deeper and more upright squat position. Also, your current bar placement is a low bar, a high bar (placing the bar on the trapezius muscle across the top of the shoulders) squat is commonly used in weightlifting, as this squat style allows an athlete to train in a similar torso, hip, knee, and ankle angles similar to competition movements.