Dreaming of an arrow represents the objectives you aim for and the goals you set. If struck by an arrow, it denotes release of tension or pressure; take note of where it hits. An old or broken arrow symbolizes letdowns and fractured relationships. It might also reflect revised decisions. A two-headed arrow in a dream signifies conflicting ideas, urging you to contemplate both perspectives. In Freudian interpretation, an arrow represents the penetrative quality of the penis.