Textured Knitting 14: Risotto

PATTERN
Cast on an odd number of stitches.
Row 1 (RS): Color A, knit.
Row 2: Color A, knit 1, *p2tog without slipping sts off needle, then k2tog the same sts; repeat from *.
Row 3: Color B, knit
Row 4: Color B, *p2tog without slipping sts off needle, then k2tog the same sts; repeat from * to last st, knit 1.
Repeat rows 1-4.