1986 Ford Bronco cranks but won't start

Do you hear the fuel pump come On when key at run position? If so check the fuel pressure to rule out the fuel pump.

Or do below to determine if its fuel or spark

Get a carb cleaner and spray into the carb or the throttle body on an EFI. Did it start and die? If not disconnect a sparkplug wire or 2 and ground it to the engine -have helper crank engine over-do you have a snapping blue spark? If so-you have a fuel problem, check the fuel pressure to rule out the fuel pump/pressure regulator and listen to the injector/s are they pulsing or hook up a noid light. No snapping blue spark continue to troubleshoot the ignition system-power input to the coil/coil,distributor pick-up coil, ignition control module, cam and crank sensors-

If both fuel and spark is present-check the valve and ignition timing, this will lead you to problems with compression and valves opening and closing at the wrong time/broken or jumped timing belt/chain