1- For many people the pantomime is a happy childhood memory, and often appears in dreams as a reminder of happier times. It can also suggest the more spontaneous, humorous side of our nature.
2- Because the images associated with pantomime arc often exaggerated and larger than life, the pantomime can be used in dreams as a setting to draw our attention to something of which we need to be aware.
3- Most images connected with the theatre suggest the idea of life being a play. In the case of pantomime it is a very surreal image.... Ten Thousand Dream Dictionary
Typically, plays in dreams are images of yourself and your life projected by your unconscious. They represent an aspect of your past or your character that you are repressing in waking life or, depending on the play, particular moods or feelings. Alternatively, such dreams can suggest a desire to escape from the pressures of everyday life.
If the play is a tragedy, is the routine and repetition of your life restricting your creativity? If the play is a comedy, do you need to lighten up a little in waking life? If what you are watching is a pantomime, has the time come to stop fooling about and get serious about something or someone in waking life?... The Element Encyclopedia