Should baby monitor be positioned to see the baby from above?

Is this an ok view for a baby monitor? I’m not sure if we are supposed to be viewing the newborn from above the crib? Anyone else set up their monitor to view through the crib bars?

I’m not sure what the purpose of a monitor is for a newborn.

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http://imageserve.babycenter.com/25/000/392/5FxbQrLsXsMbGSdzJsft0ufSxcWDJjOR_lg.jpg

P.S. don’t mind the stuffed animals, they obviously won’t be there with the baby but DH though we should use props.lol