The time bombs are in the middle of jelly clusters so focus on freeing them from the licorice locked candy and you’ll already be making a start on clearing the jelly for this level. Use the marmalade coated colour bomb to take out any bombs you’ve not managed to diffuse, or if you’ve managed to get rid of the bombs, use it to free up as much of the remaining licorice locked candy that you can.
You should get opportunities to make special candy once you’ve freed the locked candy, use these wisely in combination to take out the rest of the jelly with the limited moves you have. You may very well end up ‘cherry-picking’ at the last few squares of jelly on this level.