Ouch. That's going to have all kinds of binding. Try jacking your rig up off the frame and see what happens with the bar and the rear end. The bar will keep the rear end from drooping as it should.
The rear end doesn't pivot along the driveshaft. It basically rides up and down in a vertical line and stays flat. If the anti-wrap bar is attached solidly to the rear end, like in cruiserpilot's pictures, the front of it also has to be able to not only twist, but travel straight up and down. The drive shaft has pivots (u-joints) at both ends and a slip joint in the middle, so it has totally different requirements.
Take a look at my anti-wrap bar in my after thread. There are some other pics and discussion in there, so you kind of have to sort through them. My bar has a slip joint that can twist and it has a shackle at the front that points straight backwards at rest, so the front of the bar can travel straight up and down like I have pointed out.
Anyone who says there's is "right", but not like I have described, jack up the frame with a jack and try to unbolt it. It will be bound up and you will not be able to remove it, which indicates that it can bind or break on the trail. The mount has to be strong, but I don't think "very strong". It doesn't have to support the whole weight of the truck, IMO. I use the stock fj40 round cross member with a sleeve around it.
Potlach, mine is about like your diagram, but with the shackle pointing straight back, and the joint at the end of the bar can pull in and out as the shackle swings up and down.