the_post_navigation usage with a custom post type

I have been searching for awhile and can’t find a solution for some reason. I have read a million posts but still cant find an example.

I am trying to use the_post_navigation to setup paging with next and previous links as well as the numbered paging.

I trying to use this on my single-portfolio.php and archive-portfolio.php templates and having no luck. I have my permalinks set to Post name http://example.com/sample-post/ in-case that matters.

I have tried the following with no luck (this is what I use for normal posts and it works).

the_posts_pagination( array(
    'mid_size'  => 3,
    'prev_text' => __( 'Newer Posts', 'textdomain' ),
    'next_text' => __( 'Older Posts', 'textdomain' ),
) );

Any help would be great!