Can you have both a long and short position on the same coin on Isolated Margin?

I would like to hedge long and short positions using the isolated margin trading feature by having both long and short position on the same coin that I know well.

edit: for some reason i can't reply to individual comments. u/chunkyasparagus reason to have both positions is to try a strategy of setting stop loss on both and allowing one or the other to remain open and potentially in profit for a while.

the idea is to accept the small losses from the SL as they would be recouped by a strong open position.