To see an ax in your dream indicates that you are overly controlling. It is symbolic of destruction, hostility, and the frustrations that you are experiencing. Perhaps you “have an ax to grind” with someone. Or the dream can be a metaphor that you are ready to “bury the ax” and make amends.
To dream that you are chopping wood with an ax suggests that you need to divide your problems into smaller, more manageable sizes. Break down your problems into pieces you can handle. Alternatively, it indicates that your strength and power have been cut down to size.