The image is a line drawing that features a fantasy theme. There are three primary subjects:

1. Two-Headed Dragon: On the left side of the image, there’s a mythical two-headed dragon sitting on the ground. Each head has a set of horns and a slightly surprised or shocked expression. The dragon’s two tails curl along its body, with pointed ends.

2. Blank Banner: Between the dragon and a figure on a horse, there is a large, blank medieval-style banner. The banner has a fancy outline with decorative swirls and a tail that curves upward.

3. Knight on a Horse: On the right side of the image, there is a character resembling a knight or a warrior mounted on a horse. The character is dressed in a winter outfit, complete with a hat, and appears to have a mask or protective face covering. They are sitting astride a horse, which looks calm and is portrayed with a basic harness. Behind the horse, a simple castle with turrets is visible, suggesting a medieval setting.

The background has a basic outline of clouds, and the setting appears to be in an open field or a gentle hillside. There is no color, as the image is rendered purely in black and white line art, suitable for coloring.