The answer is B: orange diamond.

The rule
The pattern repeats every 2 things: green diamond, orange diamond. Then it starts again from the beginning.
The pattern as Python code
Here is a tiny Python program that follows the same rule. Type it into IDLE and run it to print the whole pattern, including the answer.
pattern = ["green diamond", "orange diamond"]
for position in range(8):
print(position + 1, pattern[position % len(pattern)])
When you run it, Python prints:
1 green diamond 2 orange diamond 3 green diamond 4 orange diamond 5 green diamond 6 orange diamond 7 green diamond 8 orange diamond
Pixel says: Try changing a number in the code and run it again. Can you make the pattern go on for 20 steps? Meow!