After watching a few different approaches from various internet tutorials I arrived at what feels like a pretty decent result.
I took two separate 1/4 donut sections and made a single “>” shaped piece, added an array modifier and tweaked the shape until both sections could tuck into each other and the spacing looked okay in between sections.
Once I was happy with that, I added a Lattice modifier to shape the array to fit the shape of the handle and sort of hide itself in the end of the handle.

I may revisit the braid and make it two or three times wider as it might give a more chunky low poly feel but for now I like where it’s at.