I used the cake stamp from the set "Fanfare" and watercolours to create the gradient effect. The sequins started out clear and I coloured them with various copic markers, again to create a gradient.
I cut the bow and cake out by hand (because I couldn't keep the watercolour in between the lines!).
Supplies:
Stamps: Fanfare, Oh Happy Day - Avery Elle
Ink: Gold - VersaColor, Black - Tsukineko
Others: watercolours, sequins, copic markers RV02, RV04, gold pen