This soft and pretty cowl with matching fingerless mitts is made with SpinCycle Dyed in the Wool yarn and a fingering/sport weight yarn of your choice (picture with Alegria by Manos del Uruguay). It shows off a variegated yarn beautifully with the slipped stitch stripes, and the dropped stitch cables add a light and airy feeling while still maintaining the proper substance for a cowl or mitts.
It’s recommended you use a second yarn with enough contrast to the first to best show off the variegation and give a proper striped effect.
The pattern starts out with a row of bobbles, then goes into a lace edging. From there you would work the slip stitch stripe, which has a stranded-knitting look but you only use one color, or strand of yarn, in each row.
The third section is a dropped stitch cable, which is created by wrapping twice around the needle for each knit stitch on the row before you create the cables. You then drop the extra loop as you work each stitch. If the second yarn you use is a fingering weight, this can create a lace effect (depending on the yarn and how loosely you knit).
The pattern, which includes directions for both the cowl and the fingerless mitts, is available for purchase on Ravelry.