He's a cowboy
On a steel horse he rides
This is a metal toy. The horse's hind legs balance on the bar, and the round weight behind the bar balances things out. If you give it a nudge, the cowboy and the horse rock back and forth. When it's not shoved up against a cabinet as in this pic, that is. If I leave it freestanding the cats go Godzilla on it. That's entertainment!