The actuator arm should meet the arrow at the first pint of resistance on the pressure plate.
Meaning, adjust the pancake.. Hold the pressure plate with your hand. Grab the actuator and pull it towards the clutch side.
You want the pressure plate to START moving where the actuator meets the line on the case.
Forget about your fucking handlebars or anything else at this point. If you haven't done step one, you're doing it wrong.