[WICG/webcomponents] Update reference-target-explainer.md (PR #1109)

- Add clearer use cases.
- Have the phases refer to problems rather than solutions.
- Reflect the lack of consensus on "phase 2".
You can view, comment on, or merge this pull request online at:

  https://github.com/WICG/webcomponents/pull/1109

-- Commit Summary --

  * Update reference-target-explainer.md.
  * Fix typos and confusing wording.

-- File Changes --

    M proposals/reference-target-explainer.md (651)

-- Patch Links --

https://github.com/WICG/webcomponents/pull/1109.patch
https://github.com/WICG/webcomponents/pull/1109.diff

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