In this paper, we propose a high-resolution time-frequency domain reflectometry technique as a methodology of detection and estimation of faults on a wire. This method adopts the time-frequency cross correlation characteristics of the observed signal in both time and frequency domains simultaneously. The accuracy of the proposed method is verified with experiments using a RG type coaxial cable and comparing it with traditional time domain as well as frequency domain reflectometry methods. It is clearly shown here that the proposed algorithm produces excellent results compared to the conventional methods for single as well as multiple fault cables.