It could, but not necessarily. It just might be a tuning issue; probably a slightly high nocking point for the "LOW". Spine issue for the "LEFT". Try
www.bowjackson.com and get a look at Easton's Tuning Guide. Work with the broadhead tuning section.
The reason I say it might not be you is because -----are your arrows grouping pretty well? If you're dropping your arm I doubt that it would be consistent so your arows wouldn't group. But then what do you call a group? 2' to 4" at 20 yards is a common sized group. Larger than that it might be you and your shooting form.
No matter, something you need to get out of the habit of doing is looking for your arrow. You should not have to look. The only thing you should be doing is aiming. The arow will only go where the sight is aiming when the arrow leaves the bow.
I had a coach 30 years ago that taught me some things I've never forgotten. "Aim the bow, aim the bow, aim the bow. Shoot the bow and let the bow shoot the arrow. The best shots you ever make will be those where you don't see the arrow."