Selecting the Line Tool (U), it’s possible to draw the thread of white color the toy hangs up with.

 



Getting a better result is possible when combine in a group all the layers composing the toy decoration on its thread (press Ctrl button to mark out the necessary layers and hold on left mouse’s button when taking down the marked layers on Create a new group option). Make two copies of the last made group and choose Free Transform option to make some changes on the copies’ sizes, placing them the way shown next picture:



Try to draw now the light reflection on the decorations, applying the Ellipse Tool (U) for representing the reflection on the most distant toy. Place this layer in front of the primary layer belonging to the most distant toy decoration, on the layers’ panel.



The layer’s parameters: Opacity 50%
Blending Options>Gradient Overlay



Gradient’s parameters:

 



Hold on Alt button and make a mouse click between the reflection’s layer and the primary layer of the most distant situated Christmas decoration (on the layers’ panel) for the reflection’s layer to be applied in the limits of the toy’s primary layer.

 



Make a copy of the mast represented layer and choose the Free Transform option to make the copy a little smaller, placing it after the primary layer, belonging to the biggest toy decoration (on the layers’ panel). Hold on Alt button and make a mouse click between the layer the way we did before to get the appropriate effect.