I love this eyelet edging because of its simplicity and it's easy to knit. I recently finished knitting the body of my shawl and was looking for a simple edging to go on the bottom ends of it. Many of edging I found were too big and too fancy for this type of yarn (according to my tiny little voice in side of me).
Then I stumbled into this pretty looking edge called "Openwork edging". It is mostly knitted in YO and K2tog on the right side and only knit on the wrong side.
It goes well with the shawl, I think. The original pattern has a little mistake on row eleven that left only 4 sts instead of 5. Fortunately, it wasn’t so hard for me to figure it out. I just add a YO to it before ending with k1 to complete the pattern!
This is my unfinished shawl with the edging laying against the bottom end.
CO 5 sts.
Row 1 (right side): Sl 1, yo, k2tog, yo, k 2.
Row 2 (wrong side) and every even rows: Knit.
Row 3: Sl 1, [yo, k2tog] twice, yo, k1.
Row 5: Sl 1, [yo, k2tog] twice, yo, k2.
Row 7: Sl 1, [yo, k2tog] 3 times, yo, k1.
Row 9: Sl 1, [yo, k2tog] 3 times, yo, k2.
Row 11: Bind off 6 sts, yo, k2tog, yo, k1.
Row 12: Knit.
Repeat these 12 rows.
Note: If your bind off were too tight you might want to use the loosely bind off technique show in my video.