This is both a written and a charted pattern.

Skill level
Easy

Yarn
1 skein Istex, Plötulopi in white
1 skein Istex, Plötulopi in red (or leftover yarn from your stash)

Other Materials
Tapestry Needle
Sewing Needle
Sewing Yarn
Short strip of ribbon fabric

PDF
You can download the pattern as a PDF on my blog.