When you are going through the Selias (Elemental) Temple, you'll come across a firepit with 4 nodes and a sign telling you about the 8 elemental groups of mages...

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The hint to the solution is given when you interact with the firepit... The prize is the Magic Bow...

This guide is here because it took me a while to actual solve the puzzle... It might get frustrating to some, so this is here to help... The solution is in the spoiler if there are those that want to try solving it on their own...

I decided to make this guide because as a completionist myself, it really grinds my gears that my OCD-like personality and RPG-sense is telling me there is great loot here I am missing... But not everyone likes trying random combinations for long...

To me, the Magic Bow is great... Try it out and decide for yourself... =)

Thank you for your patience... Enjoy this great game...