with ideal wood, you double the draw and add 8 to get the length for a stiff handled bow. Since you want to bend through the handle, you don't need to add the 8. so, theoretically 56" will get you 28" draw. But we know that's not going to happen. Red oak makes bows, but it's not the top choice. I do think you can succeed: you could even recurve it! But the draw weight will be low-ish, and the handle should NOT be cut into for an arrow rest. If you narrow the handle (keeping limbs wide to handle the bend), then you must also thicken the handle. It wont bend as much. Maybe just flex under the hand.