Zelda, from Legend of Zelda.
I changed her design a bit. Most heavily based on Ocarina of Time.
EDIT: I should say that Zelda's face is really red in this piece. The original has a different feel, but scanning watercolours is an art in itself.
That being said, watercolour is a great medium to work with because you can often fix many mistakes. Zelda's face just needs a pigment lift to get rid of the excess colour, and if I have time I'll get around to that in the future and rescanning and uploading a corrected version.