Transcoder not working

Here is what we trying to accomplish:

We are using live-repeater to publish live stream

Origin: server url: rtmp://myserver:1935/live

stream name: live

We created another application.

server url: rtmp://myserver2:1935/live2

stream name: live2.stream

(live2.stream=rtmp://myserver:1935/live/live)

Now we want to create another application to transcode.

server url: rtmp://myserver2:1935/liveTranscoder

stream name: livetranscoder.stream_360p

(livetranscoder.stream=rtmp://myserver2:1935/live2/live2.stream)

The player says Failed to play livetranscoder.stream_360p; stream not found. If we disable trancoder, we can play rtmp://myserver2:1935/liveTranscoder/livetranscoder.stream with no issue.

Why are we using repeater? rtmp://myserver:1935/live has limited bandwidth. We want to pull this stream to myserver2. myserver2 will then transcode from live2 application.