Mon Tricot 1500 Patterns, p.48
The 3 rows of k/p patterning make an interesting band of texture. And yes, the row 5 is meant to be the opposite knits and purls from 5&6.
Shown with a cast-on count of 7 stitches.
1 2 3 4 5 Horizontal repeats
1 2 3 4 5 Vertical repeats