I colored the image with copics and added snowflake punches dappled with icicle Stickles. Here's the inspiration sketch from the Mojo Monday blog:
To make the ribbon-like edge of the strips easily and equally, here's my trick. Use a chevron punch (mine hadn't been used in ages), and line of the strip from the back (see pic). It was really easy and will work for varying sizes of strips of paper.