You’re assuming the path through the Elements is always a Z pattern, and it’s not. But yes, that is the general idea, each element would be a “Scene”. I say “Scene” with quotes because I think the way Dramatica looks at Scenes and the rest of the universe looks at scenes is completely different. And within each Scene would have four Events (described in my article).
If you take a look at my post [On Acts, Sequences, and Scenes in Dramatica] (http://narrativefirst.com/blog/2016/10/on-acts-sequences-and-scenes-in-dramatica) you’ll see an explanation of what these should really be called. Instead of “Scenes” I would use Dramatic Unit to describe the level below the Range (“Sequence”).