Right in front of me, there is an elf playing with some bells. He looks to be having a great time, with a wide grin on his face as he shakes them. His long, pointy ears are perked up and his eyes sparkle with mischief. He's wearing a green tunic and brown pants, with a belt around his waist. His shoes are pointed and resemble leaves. Surrounding him, I can see a fairy fluttering about in the air. Her wings move rapidly and she's wearing a lovely purple dress. She carries a wand in her hand, like she's casting a spell.
When coloring this page, I suggest using light pastel shades for the elf and fairy's clothes and skin tones. You could go bolder with the tones for the bells, adding some strong yellow and blue. To finish the page off, use a bright green for the elf shirt and gentle brown for his pants. For the fairy's wings, use some vibrant purples and pinks, and bring a little sparkle with a hint of silver.