HELP! Rowan Lima Collection "Sean" womens wrap

I am very confused. 8 row pattern
R1 K1* P3 K1 to end
R2 K4 *P1 K3 to last K1
R3 as row 1
R4 K1 *yfwd, K3tog,yrn, P1, rep from last * to last 4 sts, yfwd, K3 tog.yfwd,K1
R5 K1, P1, K1, P2 rep from to last 4 sts (P1,K1) twice
R6 K2, P1, K1, *K2, P1, K1, rep from * to last 2 sts, K2
R7 as row 5
R8 K2, P1,*yfwd, K3tog,yrn, P1, rep from * to last 2 sts, K2
My question: Won’t this get narrower and narrower as I progress?? I am ready to start row 8 and am already down to 84 sts. That’s 26 stitches down every 8 rows!!!
in R4 the yarn is forward after the perl so I moved to the back for the K3tog. Does that make me miss picking up the 3rd stitch?
Any help would be greatly appreciated.
Beverly in San Francisco

All the ‘yfwd’ and ‘yrn’ on row 4 are the same as YOs, so the stitch count stays the same. There’s 2 incs for every k3tog.