This is a very simple but turned out really cute.
Make a far lateral part. Along the part make 3 small ponytails, as shown below.
The next row you are going to make 2 small ponytails taking 1/2 of the 2nd ponytail and splitting one to each of the 2 ponytails. Shown below
Pull the 2nd row ponytails and pull them to a point. Shown below. (I also use a small square of hair to keep the ponytails in place)
