Erm. I hope so. But sadly, No.
1- Arsenal must win the 2 games and score at least 3 goals in them.
2- Olympiakos must lose the 2 remaining games.
3- Bayern would win easily against Olympiakos and it all depends on Dinamo Zagreb match which is still possible, but all these points has to happen in order to Arsenal qualify to the next round.. which makes it really hard and needs a lot of luck.
Simple question