Eh, no, squid + toadfish won't be enough control and damage, because we only have two toadfishes left

But, we could still make an water air deck, by salvaging:
1x Flying Weapon
2x Owl's Eye
1x Azure Dragon
2x Air Pendulum
2x Wyrm
1x Azure Dragon
3x Air Pillar/Pendulum (because we will most likely have a mark of air).
This could be completed by adding a few toadfishes, squids and ice shields, and lots of water pendulums.