Chart on the left is simply showing that the divergence developed on 4hour chart played out to push the price to the upside, and stalling at 38.2% fib retrace level. On the weekly chart on the right shows how broken support trendline became resistance when the price tried to move back to the upside, along with the 23.6% fib level and the declining channel trendline not far above from this resistance area.  Also where the price has bounced off on the positive divergence built on the 4hour timeframe on the left, is the support trendline of declining channel and not far from the 50% fib level. Notice how the price has broken below that support trendline, but came back above and the original channel support trendline still provided support powered by the positive divergence of the 4 hour chart.