It is imperative to exercise caution when considering multiple trades on the same currency pairs using the same candle for entry on the same day. It is generally recommended to avoid such a practice unless there is a specific reason that justifies doing so without exceeding the maximum risk limit per trade.
Engaging in trades with the same candle for entry at maximum risk per trade, such as entering with 1% risk per trade, is not advisable.
However, if the decision to take two trades on the same currency pair is linked to managing trades at different risk levels, with each trade at a lower risk level (e.g. 0.5% each) to achieve varying target levels, this approach may be deemed acceptable. This flexibility is particularly useful in manual trading situations where software like Market Scan is not available.