Gradient’s parameters:

 



Next we shall draw the top part of the toy decoration, selecting the Ellipse Tool (U) for this operation. Then pressing the Alt button and using the Rectangle Tool (U) on the toy’s right and left sides, we’ll make the toy with the corresponding shape.



On the next level we’ll represent the highlight on the toy decoration, choosing the same Ellipse Tool (U) for drawing the highlight’s surface. After that we’ll press Alt button, while using the same tool to move off the unnecessary elements on the upper part of the highlight.



The layer’s parameters: Fill 0%
Blending Options>Inner Shadow



Blending Options>Color Overlay

 



Next we have to draw the lateral highlight on our Christmas toy decoration, having the color #FF4D3F. Select the same instrument we have used for representing the previous layer and the same method of moving off the unnecessary elements.



Try to make now on the lateral toy’s surface a stripe of white color. In this case we have to apply the Ellipse Tool (U) too and the same operation of erasing the unnecessary elements, described above.



Make a mouse click on this layer on the layers’ panel on Add a Mask selection and apply the Brush Tool (B) of black color to erase those stripe’s parts coming outside the toy’s edges. Set the next parameters for the processed layer: Fill 19%