C# FileStream Lock. How to wait for a file to get released and lock safely.

OpenFileWithRetry.cs

public static FileStream OpenFileWithRetry(string path, FileMode mode, FileAccess fileAccess, FileShare fileShare)
        {
            ArgumentsChecker.ArgumentNotNull(path, "path");
            
            var autoResetEvent = new AutoResetEvent(false);

            while (true)
            {
                try
                {
                    using (FileStream fileStream = new FileStream(path, mode, fileAccess, fileShare))
                    {
                        return fileStream;
                    }
                }
                catch (IOException ex)
                {
                    int win32Error = Marshal.GetLastWin32Error();
                    Logger.TraceException(String.Format("Cannot open file {0}. Win32 error: {1}", path, win32Error), ex);

                    if (win32Error == ERROR_SHARING_VIOLATION)
                    {

                        using (
                            var fileSystemWatcher = new FileSystemWatcher(Path.GetDirectoryName(path),
                                                                          "*" + Path.GetExtension(path))
                            {
                                EnableRaisingEvents = true
                            })
                        {
                            fileSystemWatcher.Changed +=
                                (o, e) =>
                                {
                                    if (Path.GetFullPath(e.FullPath) == Path.GetFullPath(path))
                                    {
                                        autoResetEvent.Set();
                                    }
                                };

                            autoResetEvent.WaitOne();
                        }
                    }
                }
            }
        }