A predicate tends to return bool, not an object. What are you going to return when the condition isn't met? Given your example, you don't really mean the function returns an object - you mean it takes an object and returns a bool.
Note that if you're going to have a parameter in the lambda expression, you'll need to use a delegate which takes parameters too.
We really need more information before giving a definitive answer, but you might want something like:
void MethodTest(Func<HtmlImage, bool> predicate)
or
void MethodTest(Predicate<HtmlImage> predicate)
(Personally I like the descriptive nature of using a named delegate, but others prefer to use Func/Action for almost everything.)
That's assuming that the type of input is fixed. If not, you might want to make it a generic method:
void MethodTest<T>(Predicate<T> predicate)