From the book Ancient Egypt in Lace and Color.
When Seth fought Horus over the crown of Egypt, he tore off a mountain top to use it to build a ship.
This top down shawl depicts the crumbling mountain top Seth tore off in his wrath.
Errata:
Charted row 1: yo
Charted row 115: the 2nd stitch of the row should be p (not k)