This is what I see in the card:
A man sitting on the edge of a cliff, content and happy. He is surrounded by companions but is alone. The 'Chaos Beast' is eager to get going and move on with the story while he is content to sit there and enjoy the view. Faeries are floating in the air giving him 'faery flowers' which they place in his hair.
Behind him is a field of red flowers (notice the same shapes between the hair flowers and the red flowers of the field).
He holds his flag with a solid, firm grip and rests it upon his shoulder, comfortably. His other hand is resting upon the grass and he is lounging with his feet over the edge.
There might be a movement of him getting up (notice his leg bent and maybe his shoulder rolling).
In the RWS The Fool heads off a cliff headless of the dog. Other decks show The Fool walking and there is an animal helping/attacking. Here the Chaos Beast tells The Fool to get going. There is no point daydreaming, getting old, and not fullfilling his dreams. He may not be ready but he is as ready as can be, the Chaos Beast knows this and attempts to lead The Fool so he can learn what is needed.
Flag: Sign of victory and self-assertion.
Purple: Royal, passive, water, power, sublimination
Faeries: Fulfill normal tasks but have extranormal abilities. Transformative powers. Personification of change in lifes progress.
Blue: Passive, thinking, calm, vertical thinking, height and depth, equilibrium, truthreligious feeling, devotion, innocence, heaven.
Fingerless Gloves: Protection, power, and strength. But the fingerless part of them shows that they are not fully there or formed so do not give the full power. Also I would like to say on most chilly morns they work fine but on cold morns the fingers and thumb get bitterly cold and so are next to useless!
Flowers: Transition, spring, beauty. (Red flowers relationship with animal life, blood, and passion. Blue flowers are symbol of impossibity.)
Red: Blood, tearing emotions, wounds, fire. passion, sentiment,
Chaos Beast: I see this as a wise, intelligent, animal. It is like the inner beast/animal, so wild but with animal intelligence which is poweful if used properly.
No Footwear: Indicates being a slave as they did not wear shoes, wearing footwear indicated liberty which The Fool does not currently have. But it also means that he has direct contact with Earth, a solid grounding force. Maybe that is why he is about to follow the Chaos Beast as he has had his head in the clouds long-enough.