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How To Make The Interlocking Loop Stitch Pattern
This example is a finished cuff bracelet (pattern here). The the interlocking loop stitch pattern was made in rows of alternating color. When the loops have been inserted one into the other and finished off you get blue loops over a red stripe and red loops over a blue stripe.
This is how the finished bracelet looks from the back.
Basic Instructions For Sample:
Row 2: Hdc ea st across, ch-1, turn.
Row 2: Hdc 1st st, (Ch-12, sl st 1st ch of ch-12, hdc next 2 sts) across, ch-1, turn.  
Row 3-4: Press lps to front of work, hdc ea st across, ch-1, turn.
You would rep row 2-4 for pattern.