Create a new document, 1000×1000 pixels, black background

On a new layer, create a perfect circle

using the eliptical marquee tool and fill it with white.


Now go to Select > Modify > Contract and contract the selection with 15 pixels. Delete the selection. Now you should have a ring-like shape.



Next, go to Filter > Stylize > Wind and apply it “from the right. Press CTRL+F (Command+F on the Mac)
to another 2 times to repeat the filter. Now you should see something like this:




Now go to Image > Rotate canvas > 90 C. Now,
using the smudge tool, with a strenght of 50%,
start painting on the ring. Yous should have something like this:








Now press CTRL+U ( the hue/saturation command) and click “colorize” and use these settings: Hue:35, Saturation:
75, Lightness: 17. You should have something like this:







Now duplicate the layer and put the top
layer on Linear dodge mode from the layer blending options. You’re done:

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