Need help identifying stitch

#1

Love this stitch can anyone tell me what it is? Also love the thread.

https://s-media-cache-ak0.pinimg.com/originals/6e/7f/7b/6e7f7bf8147f55742f638ad6a3169258.jpg

#2

It looks like it’s machine made which doesn’t always transfer to hand knit stitches. The yarn looks like lace weight which would be hard to use and make sturdy enough for a purse I’d think with the hand knit stitches. :shrug:

#3

Thanks!