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See attached slide.
I don't know exactly which bar you're talking about, but till that area market was almost in a small pullback bull trend, every time price came near EMA bulls bought it. So just above EMA is not a good place to short, esp. since it would be a good buy for EMA gap bar.
Very low probability sell.
The move up is a small pullback trend which is the strongest type of trend. Before selling it's best to first see the trend break very strongly. Even then it's high probability that HOD will be retested. After that can start looking for limit bears selling prior swing highs and making money. After a strong trend like this the idea is to expect a trading range to start developing so looking to sell highs becomes possible but only when the moves up and down increase in size.
Notice that every strong 1 or 2 consecutive bear bars were bought up in this bull trend. Also notice price hasn't touched MA for many bars, creating a 20GB setup (limit bulls waiting at MA to buy any PB) and that's what happened when the market finally touched it, they bought aggressively.
You may see wedge bear flags and trendlines breaking and want to sell for reversal. But in trends like these all reversal patterns become flags and fail to the upside, so it's best to either only look to buy or just skip taking any trades and it's ok.
