Today I have a new nebula, called Obenhold and she is now one of my favorites.
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I'm not sure that this is possible in real life. Unless in a double system of a white dwarf and a black hole. White dwarf gets rid of the old skins, and a black hole lets the jet.
As before, Terragen gave me all the geometry, lighting and colors. Here, roughly 3 base nebulae, which are rendered separately. And in Photoshop everything is combined and processed.