The famous and mystical Goat Pattern usually occurs at high points on the chart, so we don't want to see one develop just yet.
The Horns (double top) and the bearded chin (shakeout) are the most prominent feature of this rare chart pattern.
If you look back on the Weekly chart, there was a large one back in 2013/2014 on the AUQ chart.
And if you look carefully (squint....), there was a mini one back in mid 2015.
I don't expect a new Goat cycle pattern to appear until price well exceeds the previous two patterns, and anticipate a really massive one to develop in the future.
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