Create a new file with 600×840 px and 72 dpi. Paint it with the color FFFFCD.

Use the following instrument then PenTool to draw the space, like it is indicated in the picture. Paint it with the color EBF7A5:

Using the same instrument, draw the contours of a picture’s part, like it is indicated in the picture and paint it with the color BCCB0C

Using the previous instrument, draw a figure, like it is demonstrated in the picture and use for its painting the color 018637

Copy the layer with the recently created figure and make use of Free Transform option to turn it around on 180 degrees. Holding the Shift button, minimize it proportionally like it is shown in the picture:

Use the instrument PenTool to represent a figure shown in the next picture. Use the color 98CR16:

Copy the layer with the recently created picture and use Free Transform option to turn it around on 180 degrees. Keeping the Shift button pressed, minimize it proportionally like it is done in the picture:

Use the already known instrument to represent a figure like in the picture and paint it with the color CAE967

Copy the layer with the recently represented figure. Use Free Transform to turn it also around on 180 dg. Keep pressed the Shift button to minimize it proportionally like it is demonstrated in the picture:

Don’t forget to place correctly the layers.
On a new layer use a brush of small size to picture a lacy line with the color CAE967. Make use of the EraserTool to make it discontinuing like it is shown in the picture:

Repeat the same thing, but this time with the color 249430

Use the same instrument to create a figure like in the picture and paint it with the color E50909

Copy the layer with the recently represented picture and use Free Transform. Keeping pressed the Shift button, make it smaller proportionally and paint it with the color FFCC03, like it is done in the picture:

Take the instrument EraserTool to draw the space, like it is done in the next picture. Paint it with the color e50909

Repeat the same thing, but use another color ? FFCC03

Repeat again, but with the color E50909

Use the instrument PenTool to draw a butterfly’s body. The color should be FFCC03

If everything is done correctly, we’ll get:

Copy the layer with the recently pictured butterfly and use Free Transform option. Holding the Shift button, minimize it proportionally again and paint it with the following colors (the wings’ edges ? 99D8E7, the next layer ? 0B3D92 and alternate like in the picture):

Repeat the same thing but the colors should be: the wings edges ? F799CB, the next layer of white color and alternate them like it is shown in the picture:

One more butterfly. The color should be the next: the wings’ edges ? FECB00, the next layer ? 99CF17 and alternate them like it is done in the picture:

The final result!

Download PSD file.