My opinion is that if you have an emergency ECAM checklist, A Continuous Repetitive Chime (CRC) indicates a Level 3 failure which requires an immediate action, the sequence of this checklists are:
Emergency, stop the normal retraction of the flaps after TO for ex and secure the engine.
After that stop at Status and do any normal checklist, computer resets, temporary revisions.
If during TO, for ex, you have a Single Chime (SC) indicates a Level 2 failure, continue with the Normal acceleration, retraction of the flaps and after with the ECAM actions.
If there is something in the FCTM or in the FCOMs that I have been missing, please don't hesitate to bring it frd.
Any opinions once again are appreciate.