This beautiful image is of the Fox Fur Nebula. I can see why it was named as such; the texture and color is just fabulous.
This interstellar beast is formed of cosmic dust and gas interacting with the energetic light and winds from hot young stars. The shape, visual texture, and color, combine to give the region the popular name Fox Fur Nebula. The characteristic blue glow on the left is dust reflecting light from the bright star S Mon, just beyond the left edge of the image. Mottled pink and brown areas are a combination of the cosmic dust and reddish emission from ionized hydrogen gas. S Mon is part of a young open cluster of stars, NGC 2264, located about 2,500 light years away toward the constellation of Monoceros, just north of the Cone Nebula.