Pretty Cool :) I liked the shading!
also i would like your feedback on my first pixel art. :D
http://www.pixeljoint.com/pixelart/39051.htm

That looks pretty cool.

Good times, good times.

nice!! zelda games are good games to play and u made it look coolio too  

I hate to be picky, but there are some colours which you've only used in tiny ammounts. Like the black eye of the horse and the strong blue in Link's eyes. You could reduce the colour count if you replaced those with similar colours.

yeah i think perhaps epona is a little big but yes its really good!

other than perportion this is really good.

I think its good, but u just need to up the contrasts  on epona and she its preety big to. but good work.

I don't especially like the shading, and Epona is way too big compared to Link. Good work, anyways.

Exquisite! The detail is quite good.
The only thing I can se out of the ordinary is the size proportions, Eponas a few feet too big for a horse, assuming thats adult link.