GBPCHF Momentum Play

Back in October, I managed to capitalized on the initial range breakout. Another momentum play has been observed based on the price action detailed below.

1. Price forms a lower high, which also indicates that we're likely seeing a price ceiling.
   
2. Momentum picks up towards the downside on the neckline break.
   
3. The range era has come to an end as price breaches below the lower boundary and successfully holds below it.
   
4. Very surprising v-shaped recovery, but new range has formed.
   
5. This is a very interesting break below the lower range boundary. Not only does price holds below this boundary, it also signifies that the v-shaped recovery is rather shortlived.