reset= combar or target or both?

[Ughmahedhurtz]

If i was to replace flame shock with reset=target the macro would start over (as it's in the first line) and try to cast flameshock, and then proceed where it was with lava burst, if all are on cooldown it just casts light bolt. Is that correct? I.e. reset=target in 1 castsequence does not affect the 'loop' of other castsequences?

Basically, yes, except that if you switched targets before the Flameshock cooldown was up, it would hang on that and not cast anything until flameshock went off.

Now what would reset=combat/target do when just applying that to flameshock (just for the theory, i would reset my other sequences as well).

Well, reset=combat/target is redundant. You will almost always change targets when you drop combat assuming you are targeting the enemy, so just reset=target should be sufficient.