create odd and even layout for wp post loop

wp-odd-even-post.php

<?php

$args = array(
    'posts_per_page'   => 5,
    'offset'           => 0,
    'category'         => '',
    'category_name'    => '',
    'orderby'          => 'date',
    'order'            => 'DESC',
    'include'          => '',
    'exclude'          => '',
    'meta_key'         => '',
    'meta_value'       => '',
    'post_type'        => 'post',
    'post_mime_type'   => '',
    'post_parent'      => '',
    'author'           => '',
    'author_name'      => '',
    'post_status'      => 'publish',
    'suppress_filters' => true,
    'fields'           => '',
);

//Set up a counter
$counter = 0;
$query = new WP_Query( $args );

if( $query->have_posts() ) : while( $query->have_posts() ) : $query->the_post(); $counter++;

    // We are in loop so we can check if counter is odd or even
    // Change 2 to 3 to do it every 3 posts
    if( $counter % 2 == 0 ) : ?>
        <?php the_title(); //Echo the title of post ?>
        <?php the_content(); //Echo the content of the post ?>

    <?php else: ?>
        <!-- even or odd results -->
        <?php the_title(); //Echo the title of post ?>

<?php 
    endwhile; 
    wp_reset_postdata(); 
    endif; 
?>

Adds a custom layout every 2 or 3 post inside a loop