Located somewhat near the obelisk
Try looking in the town
This one is pretty simple. Head to the base of the main tower in the town. Look up at the walkways on each side. Move around while looking up and you should see paths and circles/half-circles on the undersides of these platforms.
Now all you need to do is find the right place to stand to line them up. There are a total of four puzzles that can be found here, so keep looking up until you find all of them!
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Complete spoiler:
This one can be found along with some others just like it
You will need to be at ground level to see it
It is not underground.
Roll over each black area below for hints.
Each new hint gives away more than the previous one.
Search around the tallest tower in town
The rest is UP to you
Map
Town Obelisk
NE #1
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Intro
Nothing special about this one. Only the proper perspective is needed to find it.
Finding it shouldn't prove to be very difficult
Like, as in... Look up!
THE WITNESS - ENVIRONMENTAL PUZZLE HINT GUIDE