.elf...with some color.

Well, if you linger arround in somber dungeons it is better when you are not glowing like a firefly everytime you try to attack or defend XD

Her left leg looks a bit odd, the knee points inwards but the foot outwards. Her left arm is a bit too thin near the hand, but I think you can consider this style. The greyish scarf-thing she wears is a nice touch, but it looks a bit flat. Maybe adding some light casted by the small jewel would have helped. Or some seams.
Her pose is really good, it doesn't look very forced. Proportions and shading are lovely, but what I like probably the most is her face. It looks cute, but not "perfectly cute", if you know what I mean ^_^