Shown with a cast-on count of 10 stitches.  

• Round 1: Yo, k2tog tbl, p2, k1 tbl, yo, k2tog tbl, p2, k1 tbl.
• Rounds 2 and 6: K1, k1 tbl, p2, k1 tbl, k1, [k1 wrapping yarn twice] 4 times.
• Rounds 3 and 7: K1, k1 tbl, p2, k1 tbl, k1, 2/2 left thread thru.
• Rounds 4 and 8: K1, [k1 wrapping yarn twice] 4 times, k1, k1 tbl, p2, k1 tbl.
• Rounds 5 and 9: K1, 2/2 left thread thru, k1, k1 tbl, p2, k1 tbl.
• Round 10: Drop st, (p1, k1) in next st, p2, k1 tbl, drop st, (p1, k1) in next st, p2, k1 tbl.