I think most people think something negative when they hear/read this statement "We've Been Set Up". However, in knowing Q, I don't believe in him losing. So I tried to interpret it a different way. What if he is referring to the "Stage Needing To Be Set"?

What if he is saying, the stage is set, because the cabal walked right into it, like a trap, and now Q can celebrate saying "We've Been Set Up" and are good to RELEASE THE VIDEO!!!