Would put a wolf in there instead of a fox though - I think the fox gives it a unique look. Wolves in tattoos are so overdone. Heck, wolves are overdone in all that pseudo Native American stuff. Plus foxes are simply the best animals.
A tattoo of an arrow resembles that an arrow must be pulled back before it can be shot forward. In other words, life will pull you back to point you into the right direction before it releases you and you get where you need to be in happiness.