Page 90 - Jane Renolds - Knots Your Complete Step by Step Guide to Knot, Knot Uses, and Knot Tying

Water Knot

The Water Knot is used so things could be arranged neatly so that you could
have proper web strapping, especially while climbing. While using it, you
have to be mindful of cyclical low loading, though.

http://www.animatedknots.com/photos/waterknot/waterknotR11.jpg

Instructions:

1. First, make a loose overhand knot on the strap’s end.
2. Then, go and thread the next strap in the other direction.

3. Make sure you’d follow the path of the overhand knot before you
go and pull the knot tight.