The only reason why I say it is going to be wobbly is becuase it is only going into a trailer hitch. It really needs more that one mounting point to be not wobbly. I have seen some stuff before that would work. I saw this guy build a carrier once kind of like yours, and he welded D rings onto his hitch mount. He then ran steel cables from the top of the carrier to the D mounts. Does that make sense, or do I need to edit your pic?