If one looks at what God said to Moses, one will see the Ouroboros and Belief are tied together, along with another key Ingredient.
8 And the Lord said unto Moses, Make thee a fiery serpent, and set it upon a pole: and it shall come to pass, that every one that is bitten, when he looketh upon it, shall live.
9 And Moses made a serpent of brass, and put it upon a pole, and it came to pass, that if a serpent had bitten any man, when he beheld the serpent of brass, he lived.
-- Numbers 21
The two triangles, one inverted and laid upon the other, or possibly weaved together, are representative of the two aspects of the Soul: inward and outward. The circle representing the ouroboros, and another key Ingredient.
All is ok up to this point. But the swastica....
The swastica representing thee twisting, the manipulation, for one's own selfish will.
At this point, the ouroboros keeps people in the same system. It becomes a prison.
Whereas the other system, under obedience to God's Will, the Truth, is Freedom, Liberty, Righteousness, Peace, Love, Joy in the Holy Spirit.
Take the Egyptian ankh as another reference to the ability this symbol represents, and consider the Exodus.
The symbol of the Theosophical Society is the symbol of the "god of forces", as stated in Daniel 11:38.
Take away the swastica, and obey the Word of God, as many layers as He reveals.
This is done Righteously by the Four Elements of Genesis 1:1-5, their Relationships, and Genesis 50:20, representing the "child's play" and the "washing and drying" of the alchemists.
To me, this is the Baptism of Fire.