I'm seeing it too, and I think that edit CFK did actually makes it worse xd
Lol -- I think you're right...!
There is no angle I can see that would not make this look sexual in some way.
There are only a few options here that could help:
1) let the arrow float up and down (separate motion from the bow) with the string not moving while the bow floats as it is now
2) no movement at all on the bow
3) tell your client to make a ghostly joke about pr0n when the player sees the arrow icon for the first time because no matter how you move it, if the arrow continues to move *with* the bow (in the same direction), the player's mind will always think the two are together rather than the bow *and* the arrow...