This easy actually. If you want to trace vector image better use AI. Photoshop is bitmap file.
Use AI (open the file image and click that image) go to Object > image trace > expand.. after that you can change that color from black to red. Make sure same color like that image.

Sometime you need to spend time watch more tutorial at youtube and practice use shortcut key. One day this will be useful to save your time finish your work.