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.