It is the bright busy pointy end (top right half in this shot) of this large faint molecular cloud that is usually imaged at tighter image scales as it contains some cool features including R Corona Australis inside its variable nebula
The Corona Australis Molecular Cloud as a whole though is a much larger, faint gaseous and dusty molecular cloud with many embedded reflection nebulae as mentioned, including NGC 6729, NGC 6726–7 and IC 4812. A star-forming region of around 7000 Solar masses, the cloud contains Herbig–Haro objects (protostars) and some very young stars. About 430 light years away, it is one of the closest star-forming regions to the Solar System.
With a 4deg wide field I was able to cover most of the extent of the molecular cloud but a second panel would frame the lot.....
Corona Australis Molecular Cloud (Click on image and scroll around the large file)
You can also view it
HERE
Ever wanted to know the designations of the various bits?..Here is an
annotated version
Mike