|This is the garment shown "right side up." The direction of knitting is|
from top to bottom, so this would be upside down of what it would
look like coming off your needles.
Follow the line from the top left--this is the cast on of 75 stitches, across the full width of the piece. Then you turn the work and knit until you reach the far side of the neck stitches (7+8+8+29). Then you turn the work and knit across the neck stitches and one shoulder step (29+8). Then turn the work and knit to the far side of the neck plus one shoulder step on that side (8+29+8).
Keep turning the work (short rows), knitting across one additional shoulder step on each side. By the time you knit across all 75 stitches, you can see in the drawing that you have built up a lot more rows in the center than on the edges. This is what gives the sloped shoulder shaping.
Hope that helps a little!