Yes, assuming the pressbox is to the top of the image. At the moment the chains are stretched tight, this is what is would look like. In a crew of 5, though, at that point, the L should be securing a replacement ball (unless the ball being measured is already at the true succeeding spot), instead of standing around the rear stake. But, a really sharp L would hustle and get the replacement ball before he moved to mark the clip spot for the H. Then he'll be there, waiting with the ball near the true succeeding spot to hand to the R to place at the right spot, after they've relocated the chains to the hash mark (or wherever inside the hashes). (In a crew of 7 or 8, the F or S generally have this responsibility.)
Some people may be concerned that the forward stake will have to go around the B when coming in from the sideline. Yes, it will. So what? No big deal. The U stands next to the B (toward the offense) while the chains are being brought out. The guy holding the front stake brings it to the U, the U then takes the front stake and moves to the front end of the ball (on the pressbox side of the ball), waits until the H says he is ready for the chain to be pulled, then gently pulls the chains taut, sets the stake down, and the R - with an unobstructed view - makes the ruling.
If the ball is short of the line-to-gain, and the chain needs to be used to locate the ball at the true succeeding spot, the R grabs the chain firmly, in line with the forward end of the measured ball, leaves the B holding the measured ball, then moves to the hash mark. When the measurement is outside the hash marks to the pressbox side of the field, yes, the R and U will have to step around the B (still holding the ball) to move to the hash mark, or raise it over the B. Again, no big deal. But always - ALWAYS - leave the measured ball on the ground where it was measured until the replacement ball is successfully and correctly located at the true succeeding spot. If the chain should break or the R loses his grip on the chain, then you can always return to the measured ball and regain the correct location.
As always, lots of words to describe fairly simple techniques.
Robert