Daily Dream Decoder Balcony:

Standing on a balcony looking out at lovely surroundings implies happiness, particularly in love. Looking out at storms or other ominous symbols indicates obstacles ahead.
2. Standing on the ground looking up at a balcony indicates aspirations. How they turn out depends on other symbols in the dream.
3. If the balcony is unstable or collapses, something you're depending on will not manifest.