Chaining non-embedded containers - nested instrumentation

[KristjanLaane]

Let's say I have MyApplication.exe, which uses MyLibrary.dll, which in turn uses ExternalLibrary.dll.

Using Scenario 5: Getting more control or Scenario 6: Using source only approach, is it possible to first instrument MyLibrary.dll with ExternalLibrary.libz (without embedding) and then instrument MyApplication.exe with MyLibrary.libz (where all the libz files are to be found at a given location on end-devices). Would such nesting work?